Monday, March 19, 2007
Barclays in merger talks with ABN Amro
Barclays, the father/mother bank of BBK is in preliminary "white knight" talks to merge (effectively takeover), with the ABN Amro, the Dutch Bank. This is all tentative, but if it were to go ahead, would make it the 4th largest bank worldwide by market cap. It is however unlikely to impact BBK in the short-medium term.
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