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Deals Rumor Mill: RBS, CVC Capital, Life Time Fitness

By Benjamin Horney (March 6, 2015, 5:55 PM EST) -- Britain's government is jonesing to rid itself of its stake in The Royal Bank of Scotland Group PLC "as quickly as possible," Reuters reported on Friday, citing comments apparently made by British finance minister George Osborne. According to the report, despite the government's desire to sell the stake quickly, a deal could take "years" to complete. Osborne supposedly said that the government hopes to sell the stake to a party in the private sector, the report noted. Britain's government has owned the 79 percent stake in the bank, worth £34.4 billion ($52 billion), since it injected £45.5 billion into RBS to rescue it during the financial crisis....

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