Dutch approve RBS bid for ABN Amro

Article Abstract:

The Finance Ministry of the Netherlands has approved a takeover bid by a consortium headed by the Royal Bank of Scotland PLC for Dutch bank ABN AMRO Holding N.V. The Ministry had already approved a rival offer of 57.4 bil euro from UK bank Barclays PLC. The consortium's predominantly cash bid is valued at approximately 70.1 bil euro.

Strategy & planning, Planning, Netherlands, Royal Bank of Scotland PLC, Barclays PLC, ABN AMRO Holding N.V., Company business planning, ABN

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Standard Chartered to buy oil firm

Article Abstract:

British bank Standard Chartered PLC will buy UK-based petroleum financing firm Harrison Lovegrove and Co. Harrison Lovegrove operates in several international locations, including Calgary, Perth, Houston, Kuala Lumpur, and Moscow and has gross assets valued at approximately $23 mil. The amount of the purchase was not disclosed.

Oil and Gas Field Services, Petroleum services industry, Standard Chartered PLC

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