RBS consortium calls victory in ABN Amro takeover
The bid by the consortium, which also comprises Belgian-Dutch group Fortis and Spain's Banco Santander, valued the Dutch lender at about 100 billion dollars (71 billion euros).
By Agencies |
LONDON: A European consortium led by Royal Bank of Scotland on Wednesday declared victory in the takeover battle for Dutch group ABN Amro, sealing the biggest takeover in banking history.
The bid by the consortium, which also comprises Belgian-Dutch group Fortis and Spain's Banco Santander, valued the Dutch lender at about 100 billion dollars (71 billion euros).
It had effectively won the battle last week when rival bidder Barclays pulled out.
The bid by the consortium, which also comprises Belgian-Dutch group Fortis and Spain's Banco Santander, valued the Dutch lender at about 100 billion dollars (71 billion euros).
It had effectively won the battle last week when rival bidder Barclays pulled out.
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