Friday, April 13, 2007

Barclays under pressure as ABN talks deadline nears

(Reuters) - LONDON, April 13 - Britain's Barclays , in the final days of exclusive takeover talks with rival ABN AMRO , was under pressure from shareholders on Friday to secure a sound price or to swallow its pride and walk away.

Barclays and ABN, which together would form the world's fifth-largest bank worth some $180 billion, began negotiations last month to strike the biggest ever bank takeover deal.


Read more at Reuters.com Mergers News

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