(Reuters) - But their proposed offer was conditional on ABN scrapping its planned $21 billion sale of U.S. unit LaSalle Bank -- a key asset for suitor RBS -- to Bank of America.
The banks said on Friday that the conditions of that sale -- which include a "go-shop" clause allowing ABN until midnight on May 6 to seek higher bids for the U.S. unit -- prompted the formal notification to ABN's board late on Thursday.
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