Bladewatch.com

http://www.marketwatch.com/news/story/abn-amro-shareholders-playing-waiting/story.aspx?guid=%7BEFC37C56-05CE-4BEC-88D1-5767A37C16A4%7D

AMSTERDAM (MarketWatch) — Key shareholders in ABN Amro Holding NV said they are in a wait-and-see mode as to which of the two competing bids for the Dutch bank they will tender their shares. Shareholders have until early October, when the offer periods set by a consortium led by the Royal Bank of Scotland PLC (RBS.LN) and rival Barclays PLC expire. The RBS consortium is offering about EUR38.15 a share, or EUR70.5 billion ($96.2 billion). That is about 15% more than Barclays’ bid.

The deal is set to continue, which deal is right from the shareholders point of view will depend on market conditions and what the shareholders want from the merger and what the two groups can offer in that respect.

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