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"Following the recent sale of Everyday Loans Group, Arbuthnot Banking Group (ARBB) has provided further strategic flexibility to Secure Trust Bank through the proposed sell down of its majority stake to 18.9%. The move also opens a new chapter for ARBB simplifying its corporate structure and generating substantial capital for redeployment, including the development of its commercial banking business." Edison's note from this morning, it's free to download/view on Research Tree
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