NAB withdraws ABN AMRO bid

national australia bank australian securities and investments commission investments commission

23 July 2008
| By Mike Taylor |

National Australia Bank has withdrawn from its bid to acquire ABN AMRO Australia Holdings.

The bank notified the Australian Securities and Investments Commission late today that it had decided to withdraw from the sale process being conducted by Royal Bank of Scotland.

It did not state why it withdrew from the process.

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