Monday, April 16, 2007

UPDATE 2-ABN gives early Q1 figures as bid talks intensify

(Reuters) - AMSTERDAM, April 16 - ABN AMRO , which has received a break-up proposal from a three-bank consortium as it nears the end of exclusive merger talks with Barclays Plc , reported double-digit earnings gains on Monday.

Shares in the Netherlands' biggest bank rose more than 5 percent to a record 35.5 euros, valuing it at 67.5 billion euros , on the increased chance of a bidding war between Britain's Barclays and the consortium of Santander , Royal Bank of Scotland and Fortis .


Read more at Reuters.com Market News

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