Boost for Barclays as Dutch regulators approve takeover bid

Barclays’ bid for Dutch bank ABN Amro received a boost today after it was granted approval from Dutch regulators.

Boost for Barclays as Dutch regulators approve takeover bid
Mon, 13 Aug, 2007 - 20:26

Barclays’ bid for Dutch bank ABN Amro received a boost today after it was granted approval from Dutch regulators.

Barclays said it had received a declaration of no objection (DNO) from the Dutch Ministry of Finance, in conjunction with De Nederlandsche Bank in respect of its £45.6bn (€67bn) offer for ABN.

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