ABN AMRO announces that the acceptance period of its cash offer for the entire share capital of Banca Antonveneta will be extended by 12 working days. The acceptance period of its offer will now end on 22 July 2005.
The acceptance period has been extended to protect the interests of all Antonveneta shareholders. The extension aims to give Antonveneta shareholders extra time so they can make their choice when there is more clarity in the market about the other offers for Antonveneta, which are still pending approval by the Italian Central Bank.
ABN AMRO is offering EUR 26.50 in cash per share. The offer values 100 percent of the share capital of Banca Antonveneta at EUR 7.6 billion. At this moment, ABN AMRO owns 25 percent of the share capital.