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Article: United Kingdom: Talks on to sell ABN Amro assets.
- Article from:
- TendersInfo
- Article date:
- October 8, 2009
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Royal Bank of Scotland is talking to bidders for selling the retail and commercial banking operations of ABN Amro Bank in the country, amid reports that talks with Standard Chartered Bank failed over valuation of the assets.
RBS is in ongoing discussions with bidders for the remaining assets it has decided to sell in Asia and will make further announcements, as appropriate, in due course , said a spokesperson of ABN Amro Bank, which was acquired by RBS in 2007.
Besides Standard Chartered Bank, London-based HSBC and Australia-based ANZ Bank had expressed interest in buying ABN Amro's assets. Following the acquisition of ABN Amro Bank, RBS had decided to ...