TUESDAY MAY 29
RBS Gets Upper Hand

Or, to be fair, the RBS-led consortium gets the upper hand – but that sounds a lot less snappy. In any case, fortune has tipped her hand in favor of the consortium’s takeover bid for ABN, thanks to a sympathetic Dutch court ruling. Too soon to tell whether this means it's checkmate time for ABN's other suitor, Barclays, but don't expect it to go down without a dogfight.

May 2007

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