Europe News Netherlands

  • British bank Barclays said on Thursday it might change its agreed offer for ABN Amro and possibly include some cash, as it battles a higher bid from a consortium of three major European banks.

  • ABN Amro

    Barclays is planning to sweeten its offer for ABN Amro after a consortium of  rivals led by Royal Bank of Scotland revised its bid for the Dutch bank, the Financial Times said on Tuesday.

  • Air France KLM has said it is looking at the possibility of a tie-up with Spanish airline Iberia, which is already a takeover target.

  • Royal Philips Electronics, a maker of medical and lighting equipment, said Monday net profit for the second quarter Monday rose due to a large gain on the sale of a stake in Taiwan Semiconductor Manufacturing Company.

  • Dutch bank ABN Amro can proceed with its sale of U.S. unit LaSalle, the Dutch Supreme Court said, boosting the prospect that Barclays will succeed in its near $90 billion takeover bid for ABN.

  • Dutch retail sales increased by 1.9% compared with the same period a year earlier, the Central Bureau for Statistics (CBS) said Thursday.

  • Belgian-Dutch financial services group Fortis said on Wednesday it would launch 2 billion euros ($2.73 billion) worth of conditional capital exchangeable notes.

  • The Dutch Supreme Court will issue its ruling on ABN Amro''s suspended sale of U.S. subsidiary LaSalle on Friday, July 13, at 10 am Amsterdam time, the court said on Tuesday.

  • U.S. information technology company SystemsNet is interested in buying struggling Dutch computer services firm Getronics, daily De Telegraaf reported on Thursday.

  • Struggling Dutch computer services firm Getronics said on Tuesday a U.S. company was interested in buying it, sending Getronics shares up as much as 16%.

  • Carlyle Capital Corporation confirmed on Tuesday it had cut the price and the number of shares in its initial public offering (IPO), a move it has put down to "headwinds" in the market.