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RBS completes sale of RBS WorldPay

01 December 2010

RBS Group has today confirmed the sale of its Global Merchant Services business (RBS WorldPay) to a consortium of Advent International and Bain Capital. RBS group will hold a minority stake. Our new business will now be known as WorldPay.

There will be no impact for you, our customers. You will still be working with the same strong team providing the same consistently high standards of support and robust transaction processing.

Ron Kalifa, CEO of WorldPay, comments: "We are excited by the opportunities which new ownership will mean for WorldPay and the services we are able to offer our customers. The commitment of our new owners to investing in the growth of our business, and their extensive experience within the financial services and payment services sector, will enable us to develop our capabilities and create new ways to support your needs."

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