The Dutch Supreme Court is expected to make a key ruling Friday in the fight between Barclays and a consortium of banks led by Royal Bank of Scotland to buy ABN Amro. The ruling will determine whether Amsterdam's Superior Court erred when it blocked ABN's sale of LaSalle Bank. If the Supreme Court upholds the decision the legal fight could carry across the Atlantic. Should the Dutch court reverse -- which is seen as more likely -- RBS may give up on LaSalle and make a lower offer for what remains of ABN.
July 11, 2007 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
NYSE Euronext has joined Dutch and British financial authorities in examining trading patterns of ABN Amro’s shares and American depository receipts just before the multibillion dollar bidding war over ABN became public, the bank said Tuesday.
Separately, the Dutch Supreme Court is expected to make a key ruling Friday in the fight between Barclays PLC and a consortium of banks led by Royal Bank of Scotland PLC to buy ABN Amro.
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