RBS shareholders back ABN bid

Royal Bank of Scotland’s plans to buy ABN Amro were boosted today when its shareholders overwhelmingly approved the £48bn (€70bn) takeover proposal.

RBS shareholders back ABN bid
Fri, 10 Aug, 2007 - 17:27

Royal Bank of Scotland’s plans to buy ABN Amro were boosted today when its shareholders overwhelmingly approved the £48bn (€70bn) takeover proposal.

The Edinburgh-based company said 94.5% of the votes cast at an extraordinary general meeting in the city were in favour of the move.

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