Barclays Is Under Pressure to Ditch Bid for Abn Amro

Evening Standard - London › September 07, 2007

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Summary

BARCLAYS is coming under pressure from some of its shareholders to abandon its takeover bid for ABN Amro and collect the e200 million (134 million) break fee it was promised before the rival bid from a consortium led by Royal Bank of Scotland appeared.

Investors in Barclays will be asked to approve its e59 billion bid at a meeting a week today.

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Barclays Is Under Pressure to Ditch Bid for Abn Amro

But with its mainly share...

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