Thursday, 21 June 2007

Dutch banks ING, ABN discussed merger - report

(Reuters) - ABN AMRO is the subject of a takeover battle between Britain's Barclays , whose offer is currently worth 34.93 euros per share, and a consortium of Royal Bank of Scotland , Belgium's Fortis and Spain's Santander , which has offered 38.40 euros per share.



ING said in April that it looked at buying ABN in November and had hired advisors, but decided not to pursue a merger with its Dutch rival. At the time ABN's shares traded at around 23 euros.


Read more at Reuters.com Mergers News

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