RBS Prices Direct Line in Biggest London IPO Since Glencore

RBS Prices Direct Line in Biggest London IPO Since Glencore

Chris Ratcliffe/Bloomberg

Royal Bank of Scotland Group Plc is offering as many as 500 million shares, between 25 percent and 33 percent of the company, priced at 160 pence to 195 pence apiece, the Edinburgh-based bank said today in a statement.