Royal & SunAlliance (RSA) has agreed to sell its 21.5% shareholding in Rothschilds Continuation...
Royal & SunAlliance (RSA) has agreed to sell its 21.5% shareholding in Rothschilds Continuation Holdings for £108.7m.
Jardine Strategic Holdings will acquire 20% of the shares, while Rothschilds Continuation Holdings Employee Share Trust will acquire the remaining 1.5%.
The move is part of RSA's strategy to concentrate on core business, the company said.
