Shareholder boost for ABN Amro bidder

Royal Bank of Scotland moved a step closer to clinching the takeover of Dutch bank ABN Amro today after bidding partner Fortis won vital shareholder approval for the deal.

Shareholder boost for ABN Amro bidder
Mon, 06 Aug, 2007 - 19:30

Royal Bank of Scotland moved a step closer to clinching the takeover of Dutch bank ABN Amro today after bidding partner Fortis won vital shareholder approval for the deal.

Belgo-Dutch bank Fortis won overwhelming support from shareholders for the offer and a crucial £8.7bn (€13bn) rights issue needed to fund its share of the consortium’s €71.1bn bid.

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CourtsBusinessHeathrowPlace: BrusselsPlace: UtrechtPlace: BelgiumPlace: NetherlandsPlace: SpainPlace: UKPerson: RijkmanPerson: GroeninkOrganisation: ABN AmroOrganisation: Royal Bank of ScotlandOrganisation: FortisOrganisation: SantanderOrganisation: RBSOrganisation: BarclaysOrganisation: Barclays’Organisation: ABNOrganisation: EU
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