Tuesday, June 12, 2007

Barclays has plans to sweeten offer for ABN: report

(Reuters) - Barclays is looking at reducing the number of shares it would issue for ABN and replacing them with cash, said the newspaper, quoting people familiar with the situation.




Barclays is not expected to make a decision about restructuring its offer until it becomes clear whether the RBS-led consortium can go ahead with its rival 71.4 billion euro break-up bid for ABN, said the FT.


Read more at Reuters.com Business News

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