Ruling due in ABN Amro bid battle
The contest for ABN Amro will take a new twist on Friday when a vital court ruling is delivered on the sale of the Dutch bank’s US business LaSalle, it was announced today.
Barclays has agreed a recommended £45bn (€66.4bn) deal for ABN, although a Royal Bank of Scotland-led team is keen to muscle in with a higher proposed offer of £48.2bn (€71bn).