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ABN Amro takeover battle enters the final stages

The Royal Bank of Scotland consortium bidding for ABN Amro yesterday reserved the right to waive a condition that its offer must receive acceptances from shareholders holding at least 80% of its bid target, were it to win straight majority control.

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IAN McCONNELL, Business Editor

The Royal Bank of Scotland consortium bidding for ABN Amro yesterday reserved the right to waive a condition that its offer must receive acceptances from shareholders holding at least 80% of its bid target, were it to win straight majority control.