RBS set to announce details of takeover bid

A consortium headed by Royal Bank of Scotland is likely to announce details of a takeover offer worth £49bn (€66bn) for Dutch bank ABN Amro tomorrow.

RBS set to announce details of takeover bid
Mon, 28 May, 2007 - 14:04

A consortium headed by Royal Bank of Scotland is likely to announce details of a takeover offer worth £49bn (€66bn) for Dutch bank ABN Amro tomorrow.

The move by RBS and its partners, Santander of Spain and Fortis of Belgium, will rival ABN’s agreed merger with Barclays, worth £45bn (€66bn).

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