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Barclays Bid Gets Backing From the East

China, Singapore put up cash for ABN Amro takeover offer

By Heather McPherson, Newser User

Posted Jul 23, 2007 12:06 PM CDT

(Newser) – The Chinese and Singaporean governments have invested almost $5 billion in Barclays, helping the firm float more cash for its bid for ABN. The state-run companies would invest even more if the bid succeeds, which would leave the Chinese state with a holding of 7.... Read full story »

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Barclays Bid Gets Backing From the East

China, Singapore put up cash for ABN Amro takeover offer

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China • Barclays • ABN AMRO • bank • Singapore

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More Newser Stories

RBS Consortium Renews Bid for ABN Amro

$96B offer dwarfs Barclays proposal, but legal woes persist

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Court rules ABN Amro can't sell LaSalle, which jeopardizes Barclay merger

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World Cup Gambling Rings Busted in Asia

More than 5,000 arrested in China, Singapore, Thailand

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