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Barclays to acquire ABN Amro

Rival Offer Could Derail ABN MergerABN Amro agreed Monday to be acquired by Barclays of Britain for 67 billion euros (nearly $91 billion), creating one of the world’s largest banks in a carefully constructed deal that reduces, but does not eliminate, the chance of another suitor coming in with a higher bid to buy and break up the bank.

The deal with Barclays reduces, but does not eliminate, the chance of another suitor coming in with a higher bid.

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Comments

  • Anonymous
    September 24, 2007
    Financial and Banking I work with a bunch of people that used to work in Collateral at ABN Amro, so it