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ABN Amro - LaSalle sale to BofA can go ahead
Presiding judge Hans Fleers’ ruling on the suspended sale of ABN’s American LaSalle unit:
Supreme Court says appeals by Bank of America, Barclays and ABN Amro has succeeded — sale of LaSalle to BofA unfrozen. Fleers says the court does not consider the sale of LaSalle to be an anti-takeover measure by ABN.
The matter will not be referred back to the commercial court.
The court adds that the Enterprise Chamber has still to decide on a request to set up an enquiry into the policy and conduct of business of ABN.
Full FT coverage of the ABN Amro takeover battle is available here.
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