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A variation on this stat has been doing the rounds for a few weeks now, so forgive me if you've seen it before. I picked this up from the aptly-named Doomsday Report blog.
In October last year, RBS paid $100 billion for ABN Amro (80% cash), and faced a fair amount of shareholder opposition to the valuation. If they were to use that money today, according to current market caps, they could buy the following:
And still have enough spare to change to buy the entire auto industry!
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Andrew Ducker Payments Consulting at Icon Solutions
19 December
Jamel Derdour CMO at Transact365 / Nucleus365
17 December
Andrii Shevchuk CTO & Co-Partner at Concryt
16 December
Alex Kreger Founder & CEO at UXDA
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