"The banks are of the clear view that their proposals are superior for ABN Amro's shareholders and are straightforward from a shareholder, regulatory and execution perspective, " the Royal Bank consortium said in a statement Wednesday.
Thankfully for team ownership, the Bombay High Court offered some legal relief by setting a hearing for September 24 and ruling that the BCCI must wait to take offers from new prospective ownership groups, like the 32-bank consortium that made an offer over the weekend to manage the team.
FORBES: Deccan Chargers Disaster Is Latest Sign Of IPL's Decline
They included institutions such as the Bombay Stock Exchange (BSE) and a consortium led by ICICI Bank, India's second largest.
Barclays has been bitterly trying to fend off a rival bid to control ABN from a consortium led by Royal Bank of Scotland, which sweetened its offer last month, upping its cash element from 71% to 93% in an effort to win over shareholders.
Swiss Re is selling its Fox-Pitt, Kelton investment bank to a consortium of Fox-Pitt managers and the investment firm J.
That is a blow to the consortium of banks led by Royal Bank of Scotland, which also wants to buy ABN.
Zhu Kejiang, the mayor of the city, went to Suntech with a finance offer from a consortium of several banks, including Bank of China, on Thursday, aimed at helping it weather its financial difficulties, local media reported on Saturday.
Kingfisher's creditors may start seizing and selling the carrier's property, an executive with the lead bank in a lenders' consortium said.
Two per cent of United Spirits shares were given as collateral to the State Bank of India-led consortium a few years ago when Kingfisher Airlines borrowed money to continue operations.
FORBES: Billionaire's Kingfisher Airlines Loses Supreme Court Plea; Can't Pay Workers
Initial financing, the company noted, will be fully provided by a consortium of six banks including JPMorgan Chase and Bank of America.
FORBES: Plains Levers Up To Buy BP Gulf Assets: Borrows More Than Its Market Capitalization
The auction attracted bids from a consortium backed by Goldman Sachs, an American investment bank.
Morgan, an investment bank, Virgin is part of a consortium that holds the West Coast and CrossCountry franchises.
The euro regained some momentum after a consortium of central banks agreed to fund liquidity to the European Central Bank to give eurozone banks easier access to the dollar.
The RBS consortium is in contrast planning to break ABN into three equal parts, giving RBS LaSalle Bank, the Asian operations and corporate banking, Santander the Brazilian and Italian units, and Fortis the operations in Belgium, Luxembourg and the Netherlands.
Prior to that date the Dutch bank's shares had been trading between the Barclay's bid and the RBS consortium's indicative offer.
The consortium will serve notice of possession if Kingfisher fails to repay loans it has already called in, State Bank of India Deputy Managing Director Shyamal Acharya told reporters on the sidelines of an event without detailing when.
应用推荐