(Reuters) - While the cash portion is higher, the consortium is unlikely to boost the bid above the 71 billion it has offered for the company, the reports said.
Barclays has agreed an all-share offer for ABN worth about 64 billion euros . The RBS-led consortium trumped that with its bid but only on the condition that LaSalle remained part of the bank. ABN agreed to sell LaSalle to Bank of America for $21 billion, a deal the consortium moved to block. RBS sought LaSalle to bolster U.S. operations.
Read more at Reuters.com Mergers News
Barclays has agreed an all-share offer for ABN worth about 64 billion euros . The RBS-led consortium trumped that with its bid but only on the condition that LaSalle remained part of the bank. ABN agreed to sell LaSalle to Bank of America for $21 billion, a deal the consortium moved to block. RBS sought LaSalle to bolster U.S. operations.
Read more at Reuters.com Mergers News
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