Barclays to acquire ABN Amro
ABN Amro agreed Monday to be acquired by Barclays of Britain for 67 billion euros (nearly $91 billion), creating one of the world’s largest banks in a carefully constructed deal that reduces, but does not eliminate, the chance of another suitor coming in with a higher bid to buy and break up the bank.
The deal with Barclays reduces, but does not eliminate, the chance of another suitor coming in with a higher bid.
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