Thursday, July 12, 2007

Dutch court poised to rule on ABN's LaSalle sale

(Reuters) - The court is considering whether to unfreeze the suspended sale of ABN's LaSalle Bank to Bank of America for $21 billion.




If the court tells ABN it can sell LaSalle, that would strengthen a bid by Britain's Barclays to buy ABN for nearly 63 billion euros , since its offer is contingent on the sale of LaSalle.


Read more at Reuters.com Mergers News

No comments: