ABN AMRO says to assess two revised bids fairly
AMSTERDAM (Reuters) - ABN AMRO AAH.AS, which received two revised offers from rival bidders Barclays (BARC.L) and a consortium led by Royal Bank of Scotland (RBS.L), said on Monday that it will evaluate both offers in "a fair and transparent manner."
Barclays earlier on Monday revised its offer for ABN to include more cash.
The 67.5 billion euros ($93.4 billion) Barclays bid will be comprised of 42.7 billion euros in shares and 24.8 billion euros in cash.
The consortium of RBS, Fortis (FOR.BR) and Santander (SAN.MC) is offering 71 billion euros for ABN, mostly in cash.
"ABN AMRO welcomes the opportunity for shareholders to consider two competing proposals on a level playing field," ABN said in a statement.
© Thomson Reuters 2009 All rights reserved
Was Goldman's trading software stolen?
A Russian immigrant is held on federal charges of stealing computer codes that generate millions of dollars in stock and commodity trading revenues. According to sources the firm is Wall Street behemoth Goldman Sachs Blog | Full Coverage
