Royal Bank of Scotland consortium strength bid for ABN Amro
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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 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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A consortium led by RBS will announce on Tuesday whether it will make a formal offer for ABN Amro.
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ABN AMRO&#39;s  supervisory board  is getting more involved in the Dutch bank&#39;s takeover battle  after a consortium led by Royal Bank of Scotland   launched a bid, ABN said on Wednesday.
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Business & money: Consortium led by the Royal Bank of Scotland is today expected to make a Â£49bn hostile takeover bid for the Dutch bank ABN Amro.
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A consortium led by RBS outlines its proposed offer for ABN Amro to rival the agreed offer from Barclays Bank.
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A three-bank consortium led by Royal Bank of Scotland on Tuesday launched an official rival bid of 71.14 billion euros (95.64 billion dollars) for Dutch bank ABN Amro, already the target of a friendly takeover by British bank Barclays.
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ABN AMRO  stuck to its  neutral stance on Sunday on competing takeover bids for the  Dutch bank, saying it could not support a break-up under the  financially superior RBS-led  consortium&#39;s bid.
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Royal Bank of Scotland Group PLC sweetened its $98.1 billion offer for ABN Amro Holding NV by increasing the cash portion, seeking to beat Barclays PLC to the world's biggest banking takeover.
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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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A bidding consortium led by the Royal Bank of Scotland is expected to give some insight as to whether it will go ahead with a rival offer.
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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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AMSTERDAM, Netherlands -- Barclays will raise its offer for ABN Amro to $93.2 billion, with help from two Asian financial partners, in the face of a rival bid led by the Royal Bank of Scotland, the British bank said Monday.
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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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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.
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The formal bid from a consortium led by the Royal Bank of Scotland challenges an earlier offer from Barclays in what would be the richest banking takeover.
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ABN AMRO stuck to its neutral stance on Sunday on competing takeover bids for the Dutch bank, saying it could not support a break-up under the financially superior RBS-led consortium's bid.