HHSM has just reduced his controlling share in CFG from 78 to 72%. The 6% is assumed to have gone via a new shares allocation to Silver Lake Investments, increasing their share from 18 to 24%. The deal raises another £210m capital injecion into CFG.
What does it mean ?
Is there a medium term plan to move to a PLC/Coporate model listed in the US ? That would destroy the "state" narrative bollocks once and for all. Wtf would the shills do for a living then, the grifting shite hawks that they truly are. That's a perfectly legitimate ownership model btw, I've seen it used somewhere else, not sure where.