Dutch ruling on ABN sale

The Royal Bank of Scotland-led bid for ABN Amro was thrown into disarray today as a Dutch Supreme Court ruling gave the go-ahead for the sale of ABN’s American banking operation.

Dutch ruling on ABN sale

The Royal Bank of Scotland-led bid for ABN Amro was thrown into disarray today as a Dutch Supreme Court ruling gave the go-ahead for the sale of ABN’s American banking operation.

The Court ruled that ABN’s proposed £10.5bn (€15.5bn) sale of LaSalle bank to Bank of America could proceed under Dutch law and would not need to go to a shareholder vote.

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