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    ABN AMRO takeover talks bring E&Y out in a sweat

    ABN AMRO takeover talks bring E&Y out in a sweat

    Ernst & Young is sweating today over the prospect of takeover talks swirling around ABN Amro

    Author Date published April 18, 2007 Categories

    The bank’s auditor may be pushed aside in the event of a Barclays takeover,
    exclusive talks about which were set to end yesterday. Barclays is audited by
    PricewaterhouseCoopers, and would be likely to appoint the largest global firm
    in the event of a merger.

    Further suitors could also now make plays for ABN. RBS is expected to make a
    rival offer in the near future, but key questions remain about the management
    structure of the prospective merged company.

    For more, go to www.barclays.com

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