Hicks and Gillett have no say in the matter, this was part of the refinancing deal that RBS put together. They are still on the board but can be outvoted by Broughton, Purslow and A N Other (whose name I forget) when it comes to accepting a takeover proposal.
Hicks and Gillett have no say in the matter, this was part of the refinancing deal that RBS put together. They are still on the board but can be outvoted by Broughton, Purslow and A N Other (whose name I forget) when it comes to accepting a takeover proposal.