Page 10 - RBS TG
P. 10
In spite of the political sensitivity surrounding a three-way
carve-up of a Dutch corporate icon, as opposed to the
creation of an enlarged Dutch-headquartered bank which
would have resulted from the success of Barclays' bid, ABN
investors were never going to knock back a much higher bid
which was largely in cash. Especially for the hedge funds,
which hiked their stakes in ABN after it found itself in play,
cash was king.
