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Report: RBS in advanced talks to sell Euroclear stake

Royal Bank of Scotland Group Plc is in discussions to sell its stake in financial markets infrastructure firm Euroclear Plc to an unidentified buyer, Sky News reported Oct. 18, citing sources.

Net proceeds from the deal, expected in the coming weeks, could be in the tens of millions of pounds but the impact of the sale on RBS' balance sheet would "not be material," the sources said.