of Dutch-Belgian group Fortis, a part of the Royal Bank of Scotland (RBS)-led
consortium in the €71-billion buyout bid for ABN Amro, yesterday approved
Fortis'' participation in the joint takeover bid by 95.45 per cent of shareholders
at the extraordinary shareholders'' meeting in Brussels.
vote in favour far exceeded the minimum required 75-per cent approval.
also voted in favour of issuing new shares worth €13 billion to help it finance
its part of the deal.
the results of another shareholder vote at another general body meeting in Utrecht,
north of Amsterdam are also favourable, will the result be definitive.
Amro shareholders are believed to back the RBS bid to the €67.5 improved
offer from Barclays Plc, as it offers a higher price.