Barclays PLC said Monday it agreed to buy the Netherlands' ABN Amro Holding NV for euro67 billion ($91.16 billion) in the largest ever takeover in banking history.
The merger will create a bank headquartered in Amsterdam with 47 mln customers worldwide. The combined entity expects to save euro3.5 billion annually by 2010. 12,800 jobs will be trimmed from a work force of 217,000.
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