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Business for Friday, May 04, 2007

Business day: Bank sale blocked

Lawyers of the shareholders group VEB, Paul Coenen, left, and Jurjen Lemstra, right, embrace as they celebrate in the courtroom in Amsterdam, the Netherlands, A Dutch court blocked ABN Amro’s planned sale of a Chicago bank on Thursday, a ruling that makes it more likely a group led by Royal Bank of Scotland will capture ABN Amro in the industry’s largest takeover battle.

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