Cerberus-led group wins Bawag with bid valued at $4.2 billion
Article Abstract:
Bawag-P.S.K. of Austria is to be sold to Cerberus Capital Management L.P. of the United States for 3.2 billion Euros ($4.2 billion). OEGB President Rudolph Hundstorfer said that it is important that a strong Austrian identity be preserved at the bank.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
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Citigroup may be pondering a bid for ABN: global holdings would mesh, but an approach is difficult given Barclays's exclusive talks
Article Abstract:
Although Barclays PLC is in talks to acquire Dutch bank ABN AMRO Holding N.V., Citigroup Inc. is c onsidering a hostile takeover. The Barclays acquisition would be the largest bank deal in history, with ABN AMRO valued at $80 billion.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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