Tuesday, June 26, 2007

CORRECTED - Dutch VEB to continue to prevent ABN's LaSalle sale

(Reuters) - A Dutch commercial court froze the $21 billion sale of
Chicago-based LaSalle to Bank of America in May, a side
deal to ABN's agreement to be bought by Britain's Barclays
, as the deal required shareholder approval.




VEB's chairman Peter Paul de Vries said chances had
increased that LaSalle would be sold to Bank of America after a
Supreme Court adviser said the deal does not need shareholder
approval, but he added: "We will use all legal means to prevent
the ABN trick."


Read more at Reuters.com Mergers News

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