RBS sweetens offer for ABN Amro
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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 raises its offer for the Dutch bank ABN Amro, after getting Chinese and Singaporean loans.
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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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European shares opened firmer on Thursday led by ABN AMRO as investors applauded the savings the Dutch broker will make from cutting jobs.
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A European banking consortium under Royal Bank of Scotland, locked in a takeover battle for Dutch group ABN Amro, said Monday it was raising the cash portion of its 71.1-billion-euro bid from 79 to 93 percent.
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Barclays PLC , attempting to wrest ABN Amro Holding NV from a competing offer by Royal Bank of Scotland Group, raised its bid to $93.4 billion after lining up investments from China and Singapore.
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AMSTERDAM/LONDON  - 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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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 said on Wednesday.
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A European consortium led by Royal Bank of Scotland bid almost 100 billion dollars for Dutch banking group ABN Amro on Tuesday, casting doubt over ABN&#39;s agreed tie-up with British rival Barclays.
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Business & money: UK-based bank confirms Â£9bn from the governments of China and Singapore will help it finance an improved takeover offer for Dutch rival ABN Amro.
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Dutch bank ABN AMRO  posted a 7.6 percent rise in its annual net profit on Thursday, after buying Italian bank Antonveneta and selling off parts of its business, and said it would buy back 1 billion euros ($1.3 billion) of shares by the end of June.
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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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ABN AMRO  said on Sunday that it is keeping its neutral stance on competing bids for the Dutch bank as it could not support a break up under the RBS-led  consortium's takeover offer which was financially superior.
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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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British bank Barclays, which has made a friendly takeover offer for Dutch group ABN Amro, has pledged to invest 20 million euros in the business department of Amsterdam university if it wins the deal, a university spokesman said on Tuesday.
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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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A consortium led by RBS outlines its proposed offer for ABN Amro to rival the agreed offer from Barclays Bank.