Natwest, Santander to sell more shares in Saudi British Bank - document
Natwest, Santander to sell more shares in Saudi British Bank - document. (Reuters) - Natwest Markets PLC and Banco Santander plans to sell a combined 5.6% of shares in Saudi British Bank for about $680 million shares, a term sheet reviewed by Reuters showed. HSBC Holdings and Olayan Saudi Investment Co, current shareholders in Saudi British Bank, have indicated their intention to purchase part of the shares being placed, the term sheet said. The two banks in September had handled a 1.5% stake sale by Natwest and Banco Santander in September.