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NatWest In Talks to Sell Workplace Pension Provider Cushon, Sky Says, Citing Sources

Provided by Dow Jones Sep 19, 2025, 11:26:00 AM

--NatWest Group is in talks with a number of buyers for its 85% stake in workplace pension provider Cushon, Sky News reports, citing unnamed sources.

--The British lender bought Cushon two years ago for 144 million pounds ($195.2 million) and is looking to sell the business as part of a strategic refocus by Chief Executive Paul Thwaite, Sky says, adding that the business had drawn interest from a number of parties.

--A NatWest spokesperson told Sky that it doesn't comment on speculation and that the bank remains focused on delivering for customers.

Full story: https://tinyurl.com/862629vp

Write to Ian Walker at ian.walker@wsj.com

(END) Dow Jones Newswires

September 19, 2025 07:26 ET (11:26 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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