30 Second Guide To... ; Abn Amro Lawsuits

Daily MailJune 17, 2007

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Summary


Whats wrong?

AWARE that disgruntled investors were calling for a break up, ABN Amro tried to sew up its own deal. It decided a merger with Barclays was better than waiting for predators to pounce. However, the Dutch bank found itself in legal hot water because it agreed a side deal to sell its US-arm LaSalle to Bank of America. The disposal was seen as a poison pill that would protect a cosy Barclays deal and deter rival bidders.

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30 Second Guide To... ; Abn Amro Lawsuits

Why lawsuits?

Dutch shareholder body VEB wen...

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