You can easily reach influential IT professionals including decision makers. Talk to us about your products and services and we will do our best to make sure our viewers and readers find you.
Get email updates every time we post!
The Royal Bank of Scotland-led consortium nearing success in its break-up bid for ABN Amro has doubled its stake in the Dutch bank through a series of complex derivatives trades.
The consortium, which includes Fortis, the Belgo-Dutch group, and Santander of Spain, disclosed in a US regulatory filing that it had swaps and options over more than 76m ABN shares.
The exposure, which represents more than 4 per cent of ABN’s share capital, is on top of the consortium’s existing 4 per cent stake in the Dutch bank, which it acquired last month.
Very interesting, I wonder if this has any affect on the transaction, we’ll need to see until the announcement about who wins the contract is made.
Related posts:
Related posts brought to you by Yet Another Related Posts Plugin.