Sunday, 22 July 2007

Barclays Raises ABN Amro Offer to $93.4 Billion With Funding From China

(Bloomberg) -- Barclays Plc raised its offer for
ABN Amro Holding NV, the biggest Dutch bank, to 67.5 billion
euros ($93.4 billion) after securing funding from China's and
Singapore's governments.

ABN shareholders will receive 42.7 billion euros in stock
and 24.8 billion euros in cash, Barclays said in a statement
today.


Read more at Bloomberg Emerging Markets News

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