(Reuters) - ABN AMRO is likely to modify a "standstill" condition attached to opening its books to a group of suitors led by Royal Bank of Scotland, a source familiar with the situation said on Friday.
The RBS-led group on Thursday called on ABN to drop the clause, which would prevent them from making an unsolicited approach for ABN for 12 months. ABN had agreed to give the banks access its books if they agreed to the condition.
Read more at Reuters Africa
No comments:
Post a Comment