Linklaters, Weil Gotshal & Manges and Kirkland & Ellis have secured roles on Royal Bank of Scotland's (RBS) sale of its remaining 20% stake in WorldPay to private equity firms Advent International and Bain Capital.

RBS was advised on the disposal of the payment processing operator by Linklaters corporate partner Anne Drummond.

Weil acted for Advent and Bain with a team led by private equity co-head Marco Compagnoni and partner Samantha McGonigle.

Kirkland was also instructed by Bain on banking arrangements, led by client partner Sam Pakbaz. The value of the deal is undisclosed.

RBS is continuing to sell off non-core assets and consolidate its offerings around the world after being bailed out by the UK Government in the wake of the financial crisis.

In August the UK lender sold its Indian businesses to Ratnakar Bank. Linklaters and Slaughter and May acted on the deal, which saw Ratnakar acquire 120,000 customers and all of RBS's local employees. 

Last year RBS sold its pan-Asian cash equities, equity capital markets and corporate advisory businesses to Malaysia's second biggest lender, CIMB, for £88.4m. Advent acquired the Priory Group from RBS in 2011 for £925m, with Weil acting for the buy-out giant.