Friday, December 12, 2008

RBS - Bad timing for takeover.

One and half year ago I had been posting about takeover bidding for ABN Ambro from Royal Bank of Scotland, Barclays, Santander Central Hispano SA and Fortis. Finally Royal Bank of Scotland (RBS) offered the most, USD 100 bln and won. Now for the same amount RBS could buy following list of companies and has still remaining USD 8 bln.

Citibank (C) 22,5 bln
Morgan Stanley (MS) 10,5 bln
Goldman Sachs (GS) 21 bln
Merrill Lynch (MER) 12,3 bln
Deutsche Bank (DB) 13 bln
Barclays (BCS) 12,7 bln

Comments

2 Responses to "RBS - Bad timing for takeover."

Moise Levi said... December 14, 2008 at 11:08 AM

Great post !

Mike said... December 15, 2008 at 6:38 PM

It should be mentioned that RBS has also become very cheap.