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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The Dutch government&#39;s legal representative to the supreme court issued an opinion Tuesday potentially favorable to a bid by Barclays for ABN Amro -- a Dutch banking giant also courted by the Royal Bank of Scotland.
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Britain's Barclays  has raised its offer for ABN AMRO  to 67.5 billion euros ($93 billion) and included a cash element as it seeks to regain the initiative in the world's biggest bank takeover battle.
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ABN Amro, at the centre of the world&#39;s biggest banking takeover bid, said Sunday that a three-bank consortium led by the Royal Bank of Scotland would likely beat a rival offer by Barclays.
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Britain's Barclays will press ahead with its recommended 63bn euro offer for ABN Amro despite pressure from dissenting investors.
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Barclays is close to raising some Â£10bn from China and Singapore to back its takeover of a Dutch bank.
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Johannesburg - Britain&#39;s Barclays yesterday signalled a return to retail banking in South Africa after an absence of 18 years, saying it was in talks to buy a controlling stake in Absa, the country&#39;s biggest retail lender.
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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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Barclays Bank wins the backing of most of its investors to go ahead with its takeover of Dutch rival ABN Amro.
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LONDON, September 24  - Barclays Plc (BCY.FSE) witnessed a robust rally in its share price this morning, after the company disclosed its plans to buy a controlling stake the South African retail banking company, Absa, yesterday.
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Barclays said on Thursday that it was considering the introduction of a cash element to its all-shares offer for Dutch bank ABN Amro.
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ABN AMRO , which received two  revised offers from rival bidders Barclays  and a  consortium led by Royal Bank of Scotland , said on  Monday that it will evaluate both offers in &quot;a fair and  transparent manner.&quot;
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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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Barclays, the third-biggest British bank, said that talks to buy a majority stake in South African banking group Absa were progressing well, and forecast an 18-percent rise in annual profits.
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Business & money: Royal Bank of Scotland tells shareholders to expect a revised bid for ABN Amro.
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South African banking group Absa said that friendly talks with prospective buyer Barclays, Britain's third largest bank, were "progressing".
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British bank Barclays&#39; bid for Dutch bank ABN Amro is too low compared to the consortium bid, ABN Amro chairman Rijkman Groenink told a shareholders meeting Thursday.