Hints and tips:
...Approximately one month after the ACA and IKB note purchases in April 2007, ABN AMRO N.V. (“ABN,” now owned by RBS) entered into a swap transaction referencing the ABACUS 2007-AC1 portfolio....
...This suggests that ABN Amro’s share price would be about €21.95. The RBS offer for ABN Amro is roughly €38 a share – equivalent to a premium of more than 70 per cent....
...And even before the credit crisis, Barclays strengthened its bidding power for ABN Amro by raising €3.6bn from China Development Bank and Singapore’s Temasek, in return for stakes of 3.1 and 2.1 per cent...
...Unlike the business of actually making things — which moved to China et al years ago, flattening global economics — the world of high finance, we were told, remained notably curvaceous....
...On FT Alphaville this morning, - Another twist in the ABN Amro takeover. And this time it’s RBS et al on the back foot....
...- Having been left waiting at reception on Monday as ABN Amro and Barclays got cosy, the rival bidding consortium comprising Royal Bank of Scotland, Fortis and Santander, have accepted a meeting with ABN...
...ABN Amro, which turned sellers on RBS in May, agreed. “Another round of earnings downgrades in six months time is entirely possible,” said ABN analyst Ian Smillie....
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