In 2008 rbs, which had gotten caught up in the mortgage-backed securities frenzy and had gone far out on a limb in the acquisition of the large dutch bank abn amro, started posting massive losses and had to be bailed out by the british government, which injected more than £45 billion ($71 billion) to keep it afloat. The three-bank consortium was led by royal bank of scotland group plc rbs got abn amro's london investment banking business along with a few asian operations the acquisition also brought . The commission has approved the acquisition of abn amro assets by the royal bank of scotland (rbs) and spanish bank, santandar in may 2007, a consortium made up of rbs, santandar and fortis .
A consortium led by the royal bank of scotland has won the battle to buy the dutch bank abn amro about 86% of abn amro's shareholders have accepted a 71bn euro ($985bn £49bn) offer to clinch europe's biggest ever banking takeover the rbs consortium, which also includes dutch bank fortis and . Acquisition of abn amro the royal bank of scotland plc, which is authorised and regulated in the united kingdom by the fsa, is acting as financial adviser to rbs . Abn amro bank nv is a dutch bank with headquarters in amsterdamabn amro bank is the third-largest bank in the netherlands  it was re-established in its current form in 2009, following the acquisition and break-up of the original abn amro by a banking consortium consisting of royal bank of scotland group, santander group and fortis. Nevertheless, the bank remains optimistic about the future: “the board of rbs has full confidence that the executive team will be able to lead rbs through the current challenging conditions, deliver the transaction benefits relating to the acquisition of abn amro, and realise the substantial value in rbs’s uk and international franchises”.
Abn amro acquisition by rbs-led consortium 1) introduction on the 9 th of october 2007, a year-long negotiation for the largest bank acquisition in history was finalized after intense competition between two main bidders, barclays plc and a consortium formed by three european banks: the royal bank of scotland group, netherland-based fortis and banco santander from spain, the winning bid . Rbs and abn amro due diligence but i do wish to comment on what the report says about the due diligence involved in the abn amro acquisition: . Welcome to abn amro abn amro is an all-round dutch bank that offers a full range of products and services to retail, private, corporate clients. Merger and acquisition royal bank of scotland (prime and abn amro, abn amro and royal bank of scotland, rbs and faysal bank, saudi pak commercial bank and silk .
Post-merger profitability: a case of royal bank of scotland (rbs) combination of two or more entities through a purchase acquisition or pooling of interests, it . Ultimate law guide case study: royal bank of scotland consortium takeover of abn amro interesting aspects to discuss at interview background to the rbs consortium acquisition of abn amro. It marks rbs’s first foray into deal-making since its £49 billion acquisition of dutch bank abn amro in 2007, which quickly turned toxic.
Is royal bank of scotland's horrendously damaging acquisition of dutch rival abn amro in 2007 the worst ever m&a deal according to academics, it seems maybe not indeed, mergers and acquisitions . The dutch lender that forced royal bank of scotland into the arms of the uk taxpayer in 2008 is set for a return to the stock market seven years after abn amro was nationalised at the height of . Taxpayer-owned royal bank of scotland has agreed to make its first acquisition since its disastrous £49bn takeover of dutch giant abn amro in the lead-up to the financial crisis. Santander's acquisition of abn amro's assets has been treated under the simplified procedure since the merger did not give rise to any affected markets within the eea more information on the cases will be available at:. Abn amro bank nv is a dutch bank with headquarters in amsterdamabn amro bank is the third-largest bank in the netherlands it was re-established in its current form in 2009, following the acquisition and break-up of the original abn amro by a banking consortium consisting of royal bank of scotland group, santander group and fortis.
Barclays to acquire abn amro for $91b abn said it would welcome a meeting with representatives from royal bank of scotland barclay's acquisition of abn amro would create one of the top . Rbs' dutch investment banking arm returns to abn amro four and a half years on from its disastrous acquisition of abn amro, royal bank of scotland has sold back to the dutch lender parts of its . 1 ultimate law guide case study: royal bank of scotland consortium takeover of abn amro interesting aspects to discuss at interview background to the rbs consortium acquisition of abn amro. The european commission has cleared under the eu merger regulation the proposed acquisition of certain assets of the dutch banking group abn amro by belgo/dutch financial services group fortis the commission's decision is conditional upon the upfront divestiture of abn amro's dutch factoring .
Royal bank of scotland on tuesday raised the stakes in the battle for control of abn amro when the consortium led by the british bank announced a €71bn break-up bid for the dutch lender. The rbs board expected the abn amro deal to yield pleasant surprises because that was what happened with natwest in 1999 photograph: linda nylind for the guardian one of the big unanswered .
Acquisition of abn amro by the “consortium” case study transaction overview • acquisition of abn amro by a consortium comprising of rbs, santander and fortis declared unconditional on the 10th october 2007 overview split of abn amro businesses • consortium consisting of rbs, santander and fortis on the 25th april 2007 made an initial . Following the acquisition of (parts of) abn amro by the royal bank of scotland, mr visscher became head of group consolidation, in which he was responsible for the split of the abn amro accounts between the consortium members. Royal bank of scotland's (rbs) 2007 purchase of abn amro—shortly before rbs's spectacular collapse and a £46 billion bailout by the british taxpayer—seemed, even when it was being negotiated . Days later, a consortium consisting of santander, royal bank of scotland and fortis makes a higher cash-and-shares offer, sparking a bidding war 2007 the consortium acquires abn amro.