Further to the ruling of the Enterprise Chamber in Amsterdam on 3rd May in relation to the disposal of LaSalle to the Bank of America, ABN Amro is studying the details of the full decision.
The Enterprise Chamber ruled that ABN Amro is not allowed to continue with the sale of LaSalle without the prior approval of shareholders.
ABN Amro is seeking clarification from the Enterprise Chamber as to whether it can comply with the “go-shop” for LaSalle. Under the go-shop provision, which lasts until 6 May, other parties in addition to Bank of America are allowed to bid for LaSalle.
The Enterprise Chamber has asked the parties involved as to their opinion regarding ABN Amro’s request for clarification.