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ABN Brazil Arm Draws Interest Amid Takeover Talk.
- 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.
- Subjects :
- *BANKING industry
*BANK mergers
*TENDER offers
Subjects
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