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Europe Daily Bulletin No. 9505

20 September 2007
Contents Publication in full By article 11 / 33
GENERAL NEWS / (eu) eu/competition
Proposed purchase of ABN AMRO assets approved

Brussels, 19/09/2007 (Agence Europe) - On Wednesday 19 September, the European Commission cleared the proposed acquisition of certain assets of the Dutch banking group ABN AMRO by Royal Bank of Scotland (RBS) of the UK and Santander of Spain. “The Commission concluded that both operations would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it,” says a press release. At the end of May, a consortium formed by RBS, Fortis and...

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