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RBS shelves sale of Arrow Global
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RBS shelves sale of Arrow Global
The RBS Special Opportunities Fund has shelved the sale process of debt buyer Arrow Global, after bids failed to meet its valuation of the business. RBS Special Opportunities Fund, which owns Arrow Global, had employed Goldman Sachs to carry out a strategic review of the debt buyer, which included the possibility of a sale. It is believed the sale attracted a number of offers including those from TDR Capital, the private equity owner of debt purchaser Lowell Group, and JRJ Capital, another private equity firm. ....Read more here: RBS shelves sale of Arrow GlobalTags: None
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