RSA Said to Plan Sale of Central, Eastern European Assets

RSA Insurance Group Plc, the British insurer looking to raise capital, is planning the sale of assets in central and eastern Europe, according to three people familiar with the plan.

RSA is close to hiring UBS AG to handle the disposal of businesses including Link4 in Poland and Balta in Latvia, the people said, asking not to be identified because the deliberations are private. No final mandate has been given to UBS, the people said.