 The banks delayed their decision because of a bank holiday |
A consortium of banks led by Royal Bank of Scotland (RBS) will announce whether they will make a hostile offer for the Dutch bank ABN Amro on Tuesday 29 May. RBS, Belgium's Fortis and Spain's Banco Santander had previously said they would decide by Sunday 27 May.
They said they had delayed the decision because Monday is a public holiday in Britain, Belgium and the Netherlands.
Barclays said on Thursday it would put in its formal �45bn ($91bn) offer in the next six weeks.
A statement from the RBS-led consortium said Tuesday's announcement would clarify "whether or not, and if so under what circumstances, the Banks will make an offer for ABN AMRO".
The eventual owner of ABN Amro may depend on whether it manages to sell its US unit LaSalle Bank to Bank of America.
ABN shareholders objected to the sale because they said it was designed to prevent the RBS-led consortium from making an offer.
A Dutch court ruled that ABN should not have sold LaSalle without consulting shareholders.
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