WASHINGTON (Menafn - MarketWatch) -- The chief executive of ABN Amro is at risk of losing his job after the Dutch bank reversed course and allowed a takeover consortium to access its books, according to a media report.
Sunday's The Independent, a British newspaper, reported that CEO Rijkman Groenink only changed his position against allowing the Royal Bank of Scotland-led group to perform due diligence on ABN ABN after coming under intense shareholder pressure to consider their bid.
ABN is weighing competing bids Britain's Barclays PLC , offering about $91 billion, and the proposal by the RBS group, which is worth about $100 billion.
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Sunday's The Independent, a British newspaper, reported that CEO Rijkman Groenink only changed his position against allowing the Royal Bank of Scotland-led group to perform due diligence on ABN ABN after coming under intense shareholder pressure to consider their bid.
ABN is weighing competing bids Britain's Barclays PLC , offering about $91 billion, and the proposal by the RBS group, which is worth about $100 billion.
more
I wonder if the Arab Investors are going to jump in!!
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3 comments:
The logo of abn amro and sppinneys is the same!
they know arabs wont be able to see that.
i am sure al musharek bank will
As long as everybody receives a handsome profit, I am sure nobody minds where the buyers come from.
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