Back to Search Start Over

ABN Brazil Arm Draws Interest Amid Takeover Talk.

Authors :
Mollenkamp, Carrick
Singer, Jason
Bauerlein, Valerie
Source :
Wall Street Journal - Eastern Edition. 5/12/2007, Vol. 249 Issue 111, pA12. 0p.
Publication Year :
2007

Abstract

This article reports that several banks have contacted Barclays PLC to express their interest in acquiring ABN Amro Holding NV's main Brazilian bank operations. The importance of Banco Real to Barclays' growth is discussed. Information is presented on the value of the proposed bid by a European consortium led by Royal Bank of Scotland. Another potential buyer for Banco Real is Brazil's Banco Itaú Holding Financeira.

Details

Language :
English
ISSN :
00999660
Volume :
249
Issue :
111
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
25123351