Dutch Regulators Approve ABN Amro Deal

Law360, New York (August 14, 2007, 12:00 AM EDT) -- Dutch regulators have given a nod of approval to the £45.6 billion acquisition of Dutch bank AMN Amro Holdings NV by British financial giant Barclays Plc, moving the merger one step closer to completion.

The Netherlands Ministry of Finance issued a declaration of no objection on Monday, giving Barclays permission to proceed with the acquisition.

Barclays applauded the decision.

“The granting of the DNO is an important milestone in our proposed merger with ABN AMRO,” John Varley, the CEO of Barclays, said. “The progress we have...
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