Monday, May 21, 2007

UPDATE 1-Barclays not considering large ABN asset sales-CEO

(Reuters) - "Barclays has not engaged in or is pursuing discussions
relating to major asset sales in connection with its recommended
merger with ABN AMRO," Chief Executive John Varley said in a
comment provided to Reuters.




ABN AMRO and Barclays, which agreed to merge last month but
are facing a potential rival bid, are considering the sale of
ABN's Brazilian unit to lift the price of the deal Dutch
newspaper Financieele Dagblad reported on Monday.


Read more at Reuters.com Mergers News

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