It bought a stake from ST Telemedia for 1

The likelihood that RBS will sell the $4 billion stakeincreased after the UK government took a 57 percent stake in thebank after a bailout last October, and Hester said there wouldbe "no sacred cows". ID:nLE323454 Swiss bank UBS AG (UBSN.VX) last month sold its stake inBank of China, and Bank of America (BAC.N) on Wednesday sold a2.5 percent stake in China Construction Bank (601939.SS) forjust over $2.8 billion. But HSBC (HSBA.L) said on Thursday it would not sell downits 19 percent stake in China's Bank of Communications(601328.SS), soothing worries about an exodus of overseasinvestors. ID:nSHA101060 RBS said any decision on the Bank of China stake would beannounced to the market as required, and until them it would notcomment on individual elements of its strategic review Hester is due to complete the review by the end of June RBShas had its insurance arm up for sale for months. It is expectedto drastically shrink its investment bank, and could look atoperations such as its Citizens unit in the United States.

RBS bought its Bank of China stake for 800 million pounds inDecember 2005, so would show a big profit on the holding Athree-year lock-in on the stake expired last month. (Reporting by John Bowker and Steve Slater; Editing by PhilBerlowitz/Will Waterman) Stocks China. With all the rumblings of a Super fight between Manny Pacquiao and Floyd Mayweather, I started thinking of some interesting undercards for arguably the biggest fight of the century.Tyson-Holyfield 3Since seeing Mike Tyson and Evander Holyfield on Oprah, and knowing both of their careers are practically over, I thought it would be really entertaining to see them on the undercard to a Mayweather-Pacquiao fight.No one in their right mind should want to see that type of fight on it's own merit, but I thought it would be great to see while you are sipping brew and eating chips and dip with your congregation.I can't help but notice how the undercards are increasingly disinteresting, and no one who paid to see the fight live or on television sits through them.Am I alone in wanting to see more than one fight for $60 on PPVThese side show fights although humorous to most (including myself), would be great to watch.I remember watching Roy Jones Jr. The move came after the regulator, known as Bapepam, saidthat Qtel could hold a tender offer without having to spin offIndosat's fixed-line business afterwards. Bapepam said late last year that the tender offer could goahead at a price of 7,388 rupiah ($0.676) per share.

The tender offer might be held on January 16," ChairmanFuad Rahmany said, adding that this might inject around 8trillion rupiah ($732 million) of liquidity to the market. Qtel plans to raise its stake in Indosat, Indonesia'ssecond-largest mobile phone operator, to the maximum allowed. It bought a stake from ST Telemedia for $1.35 billion inJune, increasing its ownership to 40.8 percent from around 10percent. Indosat's main revenue-earner is its mobile phone business,but it also has a fixed-line operation. Indosat shares closed up 5.41 percent on Thursday at 5,850rupiah, against a 1.32 percent drop in the main stock index.JKSE. Indonesia's mobile phone industry has seen strongsubscriber growth in recent years.