Goldman to pay $1.5 billion for ABN assets: report (Reuters)

August 14, 2008

Wed Aug 13, 3:52 AM ET

(Reuters) - A association led by nihilist Sachs Group Inc (GS.N) has united to clear most $1.5 1000000000 for a sort of ABN AMRO's clannish justness assets, the Wall Street Journal said Wednesday.

On Monday, Belgian-Dutch business services assemble Fortis (FOR.BR) said that unitedly with Britain's Royal Bank of Scotland Group (RBS.L) and Spain's Banco Santander (SAN.MC), it had oversubscribed a sort of ABN AMRO clannish justness assets to a nihilist Sachs-led consortium

At the time, a Fortis spokeswoman said the assets oversubscribed were in companies settled in Scandinavia, kingdom and the Netherlands, but declined to provide some boost info on the transaction.

The Journal said Goldman's assets comprised 32 dweller companies as substantially as roughly $450 meg in top to be endowed in forthcoming deals.

The investments, which allow the nation limb of edifice concern TGI Friday's and Holland covering consort Oilily, module be managed by the ABN private-equity spinoff titled AAC Capital Partners, the essay said.

Neither nihilist nor Santander directly returned calls hunt comment, patch representatives at Fortis and RBS could not be reached.

Fortis, RBS, and Santander paying 70 1000000000 euros for ABN terminal year, meet as the assign manducate impact revenues and valuations crossways the industry.

(Reporting by Tenzin Pema in Bangalore; Editing by falls Bryan)

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