Friday, July 13, 2007

Dutch Supreme Court begins delivering ABN ruling

(Reuters) - A commercial court in Amsterdam froze ABN's agreed deal to sell LaSalle to Bank of America for $21 billion in May, a ruling that is now being appealed before the Supreme Court by ABN.




The court had ruled that ABN would have to seek shareholder approval for the LaSalle sale, which could sway the acrimonious takeover battle for ABN between Barclays and a consortium led by Royal Bank of Scotland .


Read more at Reuters.com Mergers News

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