Saturday, April 28, 2007

Dutch court to rule May 3 on ABN LaSalle deal

(Reuters) - A judge of the Dutch Commercial Court said at a hearing on Saturday it will judge next week about Dutch shareholders group VEB's request to hold up ABN's LaSalle deal. VEB says the deal is unlawful and makes it hard for other banks to bid for ABN.

Bank of America agreed to buy LaSalle from ABN this week, in a related deal to Barclays' offer to buy ABN, although other banks can make competing offers for the U.S. business up to May 6.


Read more at Reuters.com Business News

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