30 April, 2007

ABN Amro Up for Sale

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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I wonder if the Arab Investors are going to jump in!!

3 comments:

fake balushi said...

The logo of abn amro and sppinneys is the same!



















they know arabs wont be able to see that.

Anonymous said...

i am sure al musharek bank will

portugal homes for sale said...

As long as everybody receives a handsome profit, I am sure nobody minds where the buyers come from.

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