DCSIMG

Clydesdale tight-lipped on talk of parent NAB spinning off UK arm

Cameron Clyne has previously ruled out a fire sale of the UK business. Picture: Jon Savage

Cameron Clyne has previously ruled out a fire sale of the UK business. Picture: Jon Savage

  • by GARETH MACKIE
 

National Australia Bank (NAB) could boost its market value by up to A$4.5 billion (£3bn) by spinning off its loss-making Clydesdale division as a separately-listed entity, analysts have claimed.

 

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