Tuesday, April 24, 2007

PRESS DIGEST - New York Times business news - April 24

(Reuters) - * ABN AMRO agreed Monday to be acquired by Barclays Plc of Britain for 67 billion euros creating one of the world's largest banks in a carefully constructed deal that reduces, but does not eliminate, the chance of another suitor coming in with a higher bid to buy and break up the bank.

* China has given American regulators permission to enter the country to investigate whether Chinese suppliers exported contaminated pet food ingredients to the U.S. earlier this year, leading to one of the largest pet food recalls in American history.


Read more at Reuters.com Mergers News

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