Wednesday, April 25, 2007

ABN AMRO to open books to RBS, Fortis, Santander

(Reuters) - "Although the consortium has provided few additional details with respect to its proposals this decision is in line with ABN AMRO's on-going commitment to consider value-creating opportunities for shareholders," ABN said in a statement.

That could increase the chances that ABN will be at the centre of bidding war, as well as its U.S. unit LaSalle, which ABN agreed to sell to Bank of America for $21 billion earlier this week in a related deal.


Read more at Reuters.com Business News

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