Press Release: Mergers: Commission approves proposed acquisitions of ABN AMRO assets by RBS and Santander

Author (Corporate)
Series Title
Series Details IP/07/1363 (19.9.07)
Publication Date 19/09/2007
Content Type

The European Commission has cleared under the EU Merger Regulation the proposed acquisitions of certain assets of the Dutch banking group ABN AMRO by Royal Bank of Scotland (RBS) of the UK and Santander of Spain. It concluded that both operations would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it.

In October 2007 the consortium led by the Royal Bank of Scotland won its battle to buy the Dutch bank ABN Amro.

Source Link Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/07/1363&format=HTML&aged=0&language=EN&guiLanguage=en
Related Links
BBC News, 8.10.07: RBS secures takeover of ABN Amro http://news.bbc.co.uk/1/hi/business/7033176.stm

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