ABN bid decision on Tuesday
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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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Dutch bank ABN Amro, at the centre of the biggest takeover in the banking industry, on Sunday confirmed its neutral stance on the rival bids of Barclays and the three-bank consortium led by Royal Bank of Scotland.
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Transatlantic stock market operator NYSE Euronext has begun an investigation into the trading in shares in Dutch bank ABN Amro that surrounded an announcement that ABN was a takeover target of British bank Barclays, ABN said Tuesday.
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ABN Amro, the biggest Dutch bank, yesterday announced it would take a one-off â¬790m ($1bn) charge as it slashes 2,850 wholesale banking and back-office jobs, confirming a report in yesterday&#39;s FT.
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Business & money: Royal Bank of Scotland tells shareholders to expect a revised bid for ABN Amro.
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Dutch bank ABN Amro, at the centre of the biggest takeover in the banking industry, on Sunday confirmed its neutral stance on the rival bids of British bank Barclays and the three-bank consortium led by Royal Bank of Scotland.
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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.
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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.
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AMSTERDAM, Netherlands -- A consortium led by Royal Bank of Scotland PLC said Tuesday it will launch a hostile bid of 71.1 billion euros ($95.5 billion) for ABN Amro, topping a friendly offer from Barclays PLC and pressing Bank of America Corp. for control of the Dutch bank's U.S. arm.
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British bank Barclays says it will table a formal Â£45bn offer for Dutch bank ABN Amro within six weeks.
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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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Business & money: Blow for RBS-led consortium as Dutch court rules ABN Amro acted lawfully when it agreed to sell LaSalle to Bank of America without shareholder approval.
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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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Barclays is close to raising enough  finance to carry out its attempted takeover of the Dutch bank, ABN.
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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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Shareholders in ABN AMRO   will weigh three key events in the coming week to decide which  of two rival bidders will clinch control of the Dutch bank  after a six-month takeover battle.
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The Dutch Supreme Court will issue  its ruling on ABN AMRO&#39;s  suspended sale of U.S.  subsidiary LaSalle on Friday, July 13, at 0800 GMT, the court  said on Tuesday.