Terra Firma Plans £4B RBS Unit Bid

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.

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