Wednesday, April 25, 2007

UPDATE 1-RBS group unveils $98 bln bid plan for ABN AMRO

(Reuters) - The group, which includes Spain's Santander and Dutch-Belgian bank Fortis , said on Wednesday they planned to offer 39 euros a share for ABN AMRO, made up of 70 percent in cash and 30 percent in RBS shares.

They said this was 13 percent higher than the value of the Barclays all-share offer at Tuesday's close, and included ABN AMRO's final dividend for 2006 of 60 euros cents a share.


Read more at Reuters.com Bonds News

No comments: