(Reuters) - ZURICH, June 13 - Barclays has drawn up contingency plans for a big cash sweetener to strengthen its all-share offer for Dutch bank ABN AMRO , the Financial Times said on Wednesday. The newspaper said Barclays recognised that unless legal disputes ran in its favour it needed to improve its 65 billion-euro offer if it was to have a chance of beating a consortium led by the Royal Bank of Scotland . Barclays is looking at reducing the number of shares it would issue for ABN and replacing them with cash, said the newspaper, quoting people familiar with the situation.
Barclays is not expected to make a decision about restructuring its offer until it becomes clear whether the RBS-led consortium can go ahead with its rival 71.4 billion euro break-up bid for ABN, said the FT.
Read more at Reuters.com Mergers News
Barclays is not expected to make a decision about restructuring its offer until it becomes clear whether the RBS-led consortium can go ahead with its rival 71.4 billion euro break-up bid for ABN, said the FT.
Read more at Reuters.com Mergers News
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