Tuesday, July 10, 2007

Dutch court to rule on ABN's LaSalle

(Reuters) - The court is considering whether to unfreeze the suspended sale of LaSalle Bank to Bank of America for $21 billion. The smaller bank's fate could tip the balance in a deal potentially worth nearly $100 billion which would be the biggest-ever bank takeover.




Britain's Barclays , which has offered to buy ABN for nearly 63 billion euros , is up against a consortium of three banks led by Royal Bank of Scotland which says it is willing to pay 71 billion euros .


Read more at Reuters.com Business News

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