Investor urges Barclays to drop ABN AMRO bid
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LONDON/AMSTERDAM  - U.S. hedge fund Atticus Capital is urging Barclays  to drop its 65 billion-euro ($87 billion) bid for Dutch bank ABN AMRO  after buying a significant stake in the British bank.
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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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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 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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Barclays is set to drop its three-century-old logo of an eagle in favour of Dutch bank ABN Amro&#39;s shield if the merger between the two banks is completed, The Times reported on Tuesday.
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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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Barclays raises its offer for the Dutch bank ABN Amro, after getting Chinese and Singaporean loans.
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Shares in Barclays  raced to a record high as speculation mounted that Bank of America  could bid for the UK bank, even though its outgoing chairman sold shares to signal no approach had been made.
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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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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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LONDON/ZURICH  - Barclays  has not ruled out adding cash to the terms its ABN AMRO offer should it need to boost its bid to fight off a rival offer from a consortium of banks led by Royal Bank of Scotland, a source familiar with the matter 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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Business & money: Royal Bank of Scotland tells shareholders to expect a revised bid for ABN Amro.
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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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Britain&#39;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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Investor's Business Daily - 1 Big M&amp;A deals kicked off the shortened week as a consortium led by Royal Bank of Scotland launched a $96 bil bid for Dutch bank ABN Amro  , and Archstone-Smith  , a REIT, agreed to a $22.2 bil buyout by 2 equity groups. RBS&#39; offer for ABN topped Barclays  &#39; earlier $86.6 bil bid, but analysts said ABN&#39;s previous decision to sell LaSalle to Bank of America   clouded the deal.
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LONDON/AMSTERDAM  - Royal Bank of Scotland  and its partners have sweetened their 71.1 billion-euro ($98 billion) bid for Dutch bank ABN AMRO , putting in more cash in an attempt to beat rival suitor Barclays .