ABN AMRO Increases Offer For Banca Antonveneta

ABN AMRO announced last Friday that it will offer Banca Antonveneta €26.50 for the entire share capital a €1.50 increase from its original March offer. The offer now values 100 percent of the share capital of Banca Antonveneta at €7.6

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ABN AMRO announced last Friday that it will offer Banca Antonveneta €26.50 for the entire share capital – a €1.50 increase from its original March offer.

The offer now values 100 percent of the share capital of Banca Antonveneta at €7.6 billion.

ABN AMRO said in a statement that uncertainty is not conducive to preserving Banca Antonveneta’s business strengths, particularly its client relationships.

ABN AMRO said it offers the best prospects for Banca Antonveneta, its clients and employees, and that it will provide Banca Antonveneta with the support and financial stability required for a continuation of its successful development in the coming years.

ABN AMRO currently owns 20.7 percent of Banca Antonveneta’s share capital.

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