Terra Firma Plans £4B RBS Unit Bid

Terra Firma is weighing a possible £4 billion offer for RBS Aviation Capital.

Terra Firma is weighing a possible £4 billion offer for RBS Aviation Capital, Financial Times reports. Royal Bank of Scotland is selling the Dublin-based aircraft leasing and management business. Terra Firma is planning to combine RBS Aviation Capital with Awas, the £1.9 billion aircraft leasing business the fund bought in 2006. Goldman Sachs was appointed by RBS to assist in the sale procedure.

Click here for the story from Financial Times.

Click here for additional coverage from The Telegraph.