(Bloomberg) -- Barclays Plc moved a step closer to
buying ABN Amro Holding NV for 63.2 billion euros ($87.1 billion)
after a court cleared the Dutch company's sale of LaSalle Bank.
The Dutch Supreme Court today said there were ``no grounds''
to block the sale, overturning a lower court ruling that said ABN
Amro should have asked shareholders to approve its $21 billion
disposal of Chicago-based LaSalle to Bank of America Corp. The
decision removes an obstacle to Barclays's agreement to buy the
rest of Amsterdam-based ABN Amro in the biggest banking takeover.
Read more at Bloomberg Stocks News
buying ABN Amro Holding NV for 63.2 billion euros ($87.1 billion)
after a court cleared the Dutch company's sale of LaSalle Bank.
The Dutch Supreme Court today said there were ``no grounds''
to block the sale, overturning a lower court ruling that said ABN
Amro should have asked shareholders to approve its $21 billion
disposal of Chicago-based LaSalle to Bank of America Corp. The
decision removes an obstacle to Barclays's agreement to buy the
rest of Amsterdam-based ABN Amro in the biggest banking takeover.
Read more at Bloomberg Stocks News
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