Citigroup's Prince has no comment on reported advisory role in ABN Amro takeover |
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Published
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Thu, 29 Mar 2007 02:07
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BEIJING (XFN-ASIA) - Citigroup CEO Charles Prince had no comment at a media briefing here on a report that the bank has taken an advisory role in a Barclays PLC bid for Dutch bank ABN Amro Holdings NV.According to the Wall Street Journal, Citigroup Inc has joined a group of advisors to Barclays in its efforts to take over ABN Amro.The report said the advisory role removes Citigroup as a potential bid rival but still leaves the door open for it to bid on any ABN-Amro assets Barclays may not want.will.davies@xfn.com
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Ahead of the Bell: Citigroup, ABN Amro 