RBS consortium bids record 71.14 billion euros for ABN Amro
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A European consortium led by the Royal Bank of Scotland launched a record-breaking bid for ABN Amro worth almost 100 billion dollars on Tuesday, challenging an agreed takeover from rival bank Barclays.
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The RBS-led group seeking to buy the Dutch bank ABN Amro is given until 23 July to make a formal offer.
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A European banking consortium led by Royal Bank of Scotland launched Friday a formal takeover bid for Dutch lender ABN Amro worth 71.1 billion euros (98.2 billion dollars).
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ABN AMRO's  supervisory board is getting more involved in the Dutch bank's takeover battle after a consortium led by Royal Bank of Scotland  launched a bid, ABN said on Wednesday.
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A consortium led by RBS will announce on Tuesday whether it will make a formal offer for ABN Amro.
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A trio of banks led by Royal Bank of Scotland  will probably on Tuesday make a formal takeover offer for Dutch bank ABN AMRO , said sources familiar with the matter on Friday.
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LONDON/BEIJING  - British bank Barclays raised its bid for Dutch group ABN AMRO to 67.5 billion euros ($93 billion) on Monday, helped by some of the biggest ever overseas investments by China and Singapore.
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A Royal Bank of Scotland-led consortium will most likely buy ABN AMRO as Barclays' rival offer for the Dutch bank has little chance of matching the consortium's bid financially, ABN's chief executive told Dutch TV on Sunday.
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A consortium led by Royal Bank of Scotland  unveiled a bid for ABN AMRO  on Tueday valued at 38.40 euros per share, worth a total 71.1 billion euros ($95.6 billion).
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Business & money: Stakes raised in battle for control of ABN Amro as Royal Bank of Scotland-led consortium trumps Barclays' offer for Dutch bank.
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A trio of banks led by Royal Bank of  Scotland Group  plans to present a new, nearly all cash  bid for Dutch bank ABN AMRO Holding NV  as early as  Monday, according to two media reports on Sunday.
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AMSTERDAM/LONDON  - A consortium led by Royal Bank of Scotland  has launched a 71.1 billion euro ($95.9 billion) bid for Dutch group ABN AMRO, trumping Britain's Barclays in a battle for the world's biggest bank takeover.
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NYSE Euronext has joined Dutch and British financial authorities in examining trading patterns of ABN Amroâs shares and American depositary receipts just before the multibillion-dollar bidding war over ABN became public, the bank said. âWe have received a request from the NYSE regarding transactions ahead of the announcement of our merger talks with Barclays,â a spokesman, Neil Moorhouse, said, reading a statement. He said ABN was cooperating with the investigation, but could not comment on whether there was any reason to suspect insider trading. The Supreme Court in the Netherlands is expected to make a ruling Friday in the fight between Barclays and a consortium of banks led by the Royal Bank of Scotland to buy ABN Amro for about 71 billion euros ($97.6 billion).
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The bidding war for Dutch banking group ABN Amro, which has pitted Britain&#39;s Royal Bank of Scotland against rival Barclays, looms large over the London stock market next week.
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A consortium led by Royal Bank  of Scotland unveiled a 71.1 billion euro ($95.6 billion) bid  for ABN AMRO that included its disputed U.S. bank and a higher  cash component than indicated.
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A European banking consortium led by Royal Bank of Scotland on Monday ramped up the cash part of its 71.1-billion-euro bid for Dutch group ABN Amro in an attempt to beat a rival offer from Barclays.
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A European banking consortium led by Royal Bank of Scotland will present a formal takeover offer for Dutch bank ABN Amro on Monday, the chairman of ABN said on Friday.