News Headline Summary

Sky news writes that Leon Black, the head of Apollo Global Management, and Christopher Flowers, founder of JC Flowers, are to form a joint venture in an attempt to buy 316 branches from RBS (EBS LN)

- Writes: Two titans of Wall Street's buyout industry have teamed up to bid for hundreds of British bank branches owned by the state-backed Royal Bank of Scotland.

Full link: http://news.sky.com/story/1021799/exclusive-buyout-giants-plot-joint-rbs-bid

Print 17:52, 06 Dec 2012 - FTSE 100 - Source: Sky News