Tuesday, July 10, 2007

Dutch Supreme Court to rule on ABN's LaSalle

(Reuters) - The court ruled that ABN would have to seek shareholder approval for the LaSalle sale, which could sway the acrimonious takeover battle for ABN between Barclays against a consortium led by Royal Bank of Scotland.




Two weeks ago, Advocate General Vino Timmerman, tasked with providing Supreme Court judges with an opinion ahead of their ruling, said that ABN did not need shareholder approval for the LaSalle sale.


Read more at Reuters.com Mergers News

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