Wednesday, April 25, 2007

ABN invites consortium to meeting on rival bid

(Reuters) - "In that spirit, we have invited them for a meeting in Amsterdam today."

RBS, Spain's Santander and Dutch-Belgian bank Fortis have proposed a 72 billion-euro bid for ABN, equal to 39 euros per share, threatening Barclays' all-share bid announced on Monday of about 64.8 billion euros, or 35 euros per share at current market prices.


Read more at Reuters.com Mergers News

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