Bladewatch.com

http://news.bbc.co.uk/1/hi/business/7029297.stm

Barclays and Royal Bank of Scotland should learn on Friday which has been successful in buying ABN Amro in Europe’s largest bank bid battle.

ABN shareholders must decide by this afternoon whether to accept rival offers from Barclays or a consortium led by the Royal Bank of Scotland.

Experts believe the 71bn euro (£49bn; $98.5bn) RBS offer will prevail since it has a much larger cash element.

Either deal will create one of the world’s largest banks.

Very cool, it will be interesting to see what happens, either way we’ll have a new bank formed from the deal, with a lot of migration, integration and implementation plans to be written and actioned to bring the IT, the business and management processes in line.

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