Blade Watch

http://news.bbc.co.uk/1/hi/business/6605535.stm

A Dutch court has deferred until Thursday a crucial decision on whether banking group ABN Amro, the subject of a bid battle, can sell its US business.

Dutch investor VEB is trying to block the $21bn (15.4bn euro) sale of LaSalle to Bank of America, arguing this would be illegal without investor approval.

The outcome could be key to deciding which of Barclays or Royal Bank of Scotland (RBS) succeeds in their bids.

Barclays has bid £45bn for ABN while an RBS-led consortium also intends to bid.

Very interesting, we’ll need to see where this goes, in the meantime, the vendors, the IT contracting community and I suspect the markets will watch and see what business (or businesses) come from this change. The vendors I mention, because what if ABN Amro’s new owners/partners don’t buy HP, don’t use Emulex, they use IBM and Q-Logic, all these kind of things aren’t huge to the market, but they’re significant to the vendor account manager trying to make a sales target..

Related posts:

1. RBS to invest £6 billion on technology and marketing http://www.finextra.com/fullstory.asp?id=20567 Royal Bank of Scotland CEO Stephen Hester has pledged...
2. Sun and IBM deal continues? The IT Jungle This is getting ridiculous. Well, maybe it...
3. Updates regarding Sun/IBM deal Bloomberg April 6 (Bloomberg) — International Business Machines Corp.’s talks...
4. HP signs five year deal with Länsförsäkringar to continue innovation HP HP today announced it has signed a five-year, $73...

Related posts brought to you by Yet Another Related Posts Plugin.