login
login

Europe Daily Bulletin No. 9476

26 July 2007
Contents Publication in full By article 28 / 36
ECONOMIC INTERPENETRATION / (eu) banks

CHINA DEVELOPMENT BANK is to become the largest shareholder of British BARCLAYS with a €2.2 billion investment acquisition of 3.1%. The Singaporean investment fund, TEMASEK, will acquire 2.1% for the sum of €1.4 billion. This deal allows BARCLAYS to raise its purchase price for ABN AMRO from €64.6 to 67.5 billion, and comes close to the offer made by the ROYAL BANK OF SCOTLAND-SANTANDER-FORTIS consortium (€71.1 billion). If the merger with ABN AMRO is successful, the Asian...

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION