ABN under pressure to resolve U.S. justice issue before a sale: potential $80 billion deal with Barclays may hinge on speed of settlement
Article Abstract:
A U.S. Dept. of Justice investigation into money transfers at ABM AMRO Holding N.V. is delaying the sale of the Dutch bank to the U.K.'s Barclays PLC. ABM AMRO is attempting to resolve the issue so that the sale, valued at $80 bil, can be completed over the next two weeks.
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
United States, Legal issues & crime, Company legal issue, Investigations, United States. Department of Justice, Governmental investigations, Government investigations
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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ABN's results might spur suitors: bank and Barclays near conclusion of exclusive talks
Article Abstract:
Bids for ABN AMRO Holding N.V. are expected to exceed $80 bil, as the bank nears the end of its negotiations with Barclays PLC. First quarter results for ABN show the firm's strong position, with shares at $48.15.
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
User Contributions:
Comment about this article or add new information about this topic:
Subjects list: United Kingdom, Banking industry, Planning, Netherlands, Mergers, acquisitions and divestments, Company acquisition/merger, Barclays PLC, ABN AMRO Holding N.V., Company business planning, ABN
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