Sunday, June 24, 2007

Third (employee driven) scenario coming up for ABN AMRO as a solo company...

See the news in De Financiƫle Telegraaf that outlines that the employees of ABN AMRO sent a letter to its management to consider a third option in the take-over discussion. This would be that ABN AMRO continues as itself, without any daugthers at all. Some politicians have immediately backed this plan and stated that ABN AMRO management should very seriously discuss this option and asks its shareholders what they think about it. Meanwhile Fortis, RBOS and Santander speed up their offer, in order to make an even more convincing case.