Bladewatch.com

http://business.scotsman.com/index.cfm?id=799102007

Barclays is poised to make the next move in their bid to acquire Dutch bank ABN Amro when it provides an update on the offer. Under Dutch market rules a party which has announced an offer or an intention to bid must issue an update within 30 days – the RBS-led consortium will issue its own update by Sunday. There was some speculation the consortium may up its offer for Amro to 40 per share, its current bid sitting at 38.40. (The Herald)

The ABN Amro deal seems to have recovered and everything seems to be moving forward again. The sooner this is resolved, the better for the employees, the shareholders and the companies involved.

The article mentions that there are rumours RBS may increase its offer per share which is excellent news for the shareholders from a financial point of view.

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