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THURSDAY, NOVEMBER 26, 2009
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PREMIUM NEWS ARCHIVE

Barclays and RBS battle for ABN Amro.

Article from: Investors Chronicle - magazine and web content Article date: April 20, 2007

Given the attrac-tions of ABN Amro's constituent parts, it is surprising that only two interested bidders have emerged: Barclays Bank and a consortium led by Royal Bank of Scotland (RBS), which includes Santander of Spain and Fortis, the Belgian banking and insurance group. Because whoever wins the battle, the prize is well worth having.

In the US, ABN's subsidiary, LaSalle Bank, is certainly something that RBS would be keen to buy. LaSalle is the 12th-largest bank in the US, and its strength lies in mid-market ...

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