Barclays under pressure to complete ABN deal

Banking giant Barclays was today facing a make-or-break 48 hours in its battle to complete a £89bn (€131bn) merger with Dutch banking group ABN Amro.

Barclays under pressure to complete ABN deal
Mon, 16 Apr, 2007 - 10:28

Banking giant Barclays was today facing a make-or-break 48 hours in its battle to complete a £89bn (€131bn) merger with Dutch banking group ABN Amro.

The two companies are currently in exclusive talks to create the world’s fifth-largest bank, but are under pressure to agree a deal by Wednesday when Barclays’ period of exclusivity ends.

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CourtsBusinessHeathrowPlace: UKPlace: SpainPlace: USPlace: La SallePlace: HOLLANDPlace: BelgiumPlace: AmsterdamPerson: ChairmanPerson: Rijkman GroeninkOrganisation: BarclaysOrganisation: ABNOrganisation: ABN AmroOrganisation: Barclays’Organisation: Royal Bank of ScotlandOrganisation: FortisOrganisation: SantanderOrganisation: Financial TimesOrganisation: The Children’s Investment FundOrganisation: BBVAOrganisation: Merrill LynchOrganisation: RBSOrganisation: CitigroupOrganisation: Bank of AmericaOrganisation: HSBCOrganisation: Industrial and Commercial Bank of China
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