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Citigroup may be pondering a bid for ABN: global holdings would mesh, but an approach is difficult given Barclays's exclusive talks

Authors :
Mollenkamp, Carrick
Singer, Jason
Berman, Dennis K.
Source :
Wall Street Journal. Europe. March 23, 2007, C3
Publication Year :
2007

Abstract

Although Barclays PLC is in talks to acquire Dutch bank ABN AMRO Holding N.V., Citigroup Inc. is c onsidering a hostile takeover. The Barclays acquisition would be the largest bank deal in history, with ABN AMRO valued at $80 billion.

Details

Language :
English
ISSN :
09219986
Database :
Gale General OneFile
Journal :
Wall Street Journal. Europe
Publication Type :
News
Accession number :
edsgcl.160905415