BREAKFAST DEALS: Clyne's British plot

The National Australia Bank boss hasn't ruled out floating troubled UK assets, while international bidders reportedly line up for Optus' satellite business.

National Australia Bank boss Cameron Clyne has given shareholders who want Clydesdale Bank and Yorkshire Bank out of their lives something to watch for. He still won’t be flogging the business for a steal, but there could be a way out courtesy of Number 10 Downing Street. Meanwhile, Singtel has some big names lined up for the Optus satellite business, Ruralco is apparently preparing a capital raising for the eventuality that it wins Elders’ rural services business and Skilled Group’s marine services acquisition is making some good waves.

National Australia Bank, Clydesdale Bank, Yorkshire Bank

National Australia Bank boss Cameron Clyne has suggested that the lender may be interested in floating its UK business if a few ducks line up.


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