Sunday, April 22, 2007

UPDATE 2-Barclays deal for ABN looms; LaSalle may be sold

(Reuters) - LONDON, April 22 - Barclays Plc is likely to unveil an agreed upon deal to take over Dutch bank ABN AMRO as early as Monday, sources familiar with the situation said, just as Royal Bank of Scotland moves to simplify a possible counter offer.

Barclays has been in exclusive talks to buy ABN for more than a month. The deadline for those talks ran out on Friday, and sources said talks continued over the weekend and may be confirmed early on Monday.


Read more at Reuters.com Mergers News

No comments: