Barclays says making excellent progress with gaining approval for ABN AMRO offer |
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Published
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Wed, 23 May 2007 18:38
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LONDON (Thomson Financial) - Barclays PLC said it is making 'excellent' progress with gaining regulatory approvals for its offer to buy ABN AMRO Holding NV and expects to publish the offer documentation in July.The financial services provider is vying with a Royal Bank of Scotland-led consortium for ABN Amro.Barclays' offer is valued at 63.58 bln eur, while the RBS group's proposed bid is worth 72.27 bln.tf.TFN-Europ_newsdesk@thomson.comrku/lamCOPYRIGHTCopyright AFX News Limited 2007. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.
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RBoS consortium puts indicative offer for ABN at 39 eur per share UPDATE 