Barclays to sweeten bid for ABN: FT
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Barclays  is planning to sweeten its offer for ABN AMRO  after a consortium of rivals led by Royal Bank of Scotland  revised its bid for the Dutch bank, the Financial Times said on Tuesday.
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Barclays, the third-biggest British bank, said that talks to buy a majority stake in South African banking group Absa were progressing well and it hoped to make an announcement soon.
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UK lender Barclays is in talks with South Africa&#39;s Absa about buying a majority stake in the bank. The move would &quot;immediately&quot; boost earnings and profit, and &quot;enhance the bank&#39;s existing successful African operations&quot;, Barclays said.
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Barclays will continue its move for ABN Amro despite a share price slump wiping billions off its bid, reports say.
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A trio of banks led by Royal Bank of Scotland  will likely make a formal takeover offer for Dutch bank ABN AMRO  on Tuesday, sources familiar with the matter said on Friday.
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Barclays raises its offer for the Dutch bank ABN Amro, after China and Singapore invest in the UK firm.
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Singapore&#39;s state-linked investment firm Temasek Holdings said Monday it is investing 975 million pounds in Barclays, fighting to take over Dutch lender ABN Amro.
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LONDON/AMSTERDAM  - Royal Bank of Scotland  and its partners have sweetened their 71.1 billion-euro ($98 billion) bid for Dutch bank ABN AMRO , putting in more cash in an attempt to beat rival suitor Barclays .
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China Development Bank and Temasek help with Barclays' bid for ABN.
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Britain&#39;s Barclays  has raised  its offer for ABN AMRO  to 67.5 billion euros ($93  billion) and included 37 percent in cash as it seeks to regain  the initiative in the world&#39;s biggest bank takeover battle.
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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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An RBS-led group sweetens its bid for Dutch lender ABN Amro, boosting the amount of cash it has offered.
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Barclays  has drawn up contingency plans for a big cash sweetener to strengthen its all-share offer for Dutch bank ABN AMRO , the Financial Times reported on Wednesday.
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Dutch bank ABN AMRO can go ahead with its $21 billion sale of U.S. subsidiary LaSalle Bank to Bank of America, the Dutch Supreme Court said on Friday, boosting the chance that Barclays could succeed in its all-share bid to buy ABN for 64 billion euros ($88 billion).
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AMSTERDAM/LONDON  - British bank Barclays's hopes of taking over Dutch rival ABN AMRO  won a boost on Tuesday when a court adviser said ABN could sell its U.S. arm without a shareholder vote.
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UK lender Barclays says it is in talks with South Africa's Absa about buying a majority stake in the bank.
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British bank Barclays sweetened its takeover bid for Dutch rival ABN Amro on Monday by including a cash element as part of a revised informal offer worth 67.5 billion euros (93.3 billion dollars).