Barclays looks to sweeten bid for Dutch bank ABN: report
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British bank Barclays has drawn up contingency plans to restructure its all-share offer for Dutch rival ABN Amro with a significant cash sweetener, the Financial Times reported on Wednesday.
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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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SINGAPORE/BEIJING  - Britain's Barclays  is in talks with the governments of China and Singapore to raise 10 billion pounds ($20.6 billion) to help fund its planned purchase of Dutch bank ABN AMRO , the BBC reported on Monday.
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Progress made by Britain's Barclays  in its offer for ABN AMRO demonstrates its ability to offer the Dutch bank's shareholders "certainty and deliverability", Chief Executive John Varley said on Wednesday.
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China Development Bank and Temasek help with Barclays' bid for ABN.
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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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Absa Group Ltd., South Africa&#39;s fourth- biggest bank, said talks to sell a controlling stake to Barclays Plc, the UK&#39;s No.
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LONDON -- Barclays PLC , which is competing with Royal Bank of Scotland PLC to buy ABN Amro Holding NV in the largest takeover fight in financial industry history, said yesterday it received approval from Dutch regulators to delay its proposed takeover.
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Barclays would make a better merger candidate with ABN AMRO than a bid by a group led by Royal Bank of Scotland aimed at breaking up the Dutch bank, a Dutch newspaper quoted ABN's chief executive as saying on Saturday.
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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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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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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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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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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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The Dutch government&#39;s legal representative to the supreme court issued an opinion Tuesday potentially favorable to a bid by British bank Barclays for ABN Amro, a Dutch banking giant also courted by the Royal Bank of Scotland.
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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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Barclays raises its offer for the Dutch bank ABN Amro, after China and Singapore invest in the UK firm.