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Bank Business

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February 21: UK hedge fund The Children's Investment Fund calls on ABN Amro to spin off its different units, merge or break itself up following a disappointing share price performance over the previous couple of years.

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March 19: Barclays says it is in exclusive talks to acquire ABN Amro.

April 5: Speculation mounts that Royal Bank of Scotland is about to enter the bidding with Banco Santander.

April 16: RBS, Santander and Fortis say they are interested in making a joint bid and request access to due diligence information.

April 17: ABN extends its talks with Barclays for three days, after which it offers to talk with the RBS-led consortium.

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April 23: ABN agrees to be bought by Barclays in an all-share deal valued at about US$91 billion. As part of the deal, ABN will sell its LaSalle division to Bank of America Corp.

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