The Royal Bank of Scotland-led team vying to buy Dutch bank ABN Amro today laid out details of its plans to trump rival Barclays with a €71.1bn takeover plan for the business.
The RBS team said its proposed bid – around 79% of which is in cash – offered “greater certainty of value” for the Dutch bank’s shareholders and came at a 13.7% premium to Barclays’ €66.5bn offer.
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