(Bloomberg) -- Barclays Plc should walk away from its
proposed acquisition of ABN Amro Holding NV because it won't be
able to beat a rival bid led by Royal Bank of Scotland Group Plc,
analysts at Sanford C. Bernstein Ltd. said.
``Barclays is going to have to walk away at some point, and
we think they can achieve that in the least damaging way by making
the move now,'' analysts including Antony Broadbent said in an e-
mail to investors today. ``We do not think that Barclays has
widespread shareholder support to enrich its offer.''
Read more at Bloomberg Stocks News
proposed acquisition of ABN Amro Holding NV because it won't be
able to beat a rival bid led by Royal Bank of Scotland Group Plc,
analysts at Sanford C. Bernstein Ltd. said.
``Barclays is going to have to walk away at some point, and
we think they can achieve that in the least damaging way by making
the move now,'' analysts including Antony Broadbent said in an e-
mail to investors today. ``We do not think that Barclays has
widespread shareholder support to enrich its offer.''
Read more at Bloomberg Stocks News
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