Blade Watch

http://news.bbc.co.uk/1/hi/business/6699561.stm

A group led by Royal Bank of Scotland has outlined a proposed offer for ABN Amro which values the Dutch bank at 71.1bn euros ($95.6bn; £48.2bn).

It is a rival to the all-share agreed offer from Barclays Bank, which is currently valued at 63bn euros.

The interest from the consortium, which includes Belgium’s Fortis and Banco Santander of Spain, has so far been rebuffed by ABN Amro’s management.

The offer is now official and it will be interesting to see the response, heard one analyst suggest that the offer was slightly less than expected. I wonder which offer the shareholders will be interested in and if the LaSalle deal has been dealt with by RBS as part of this.

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