A group led by Royal Bank of Scotland has revised its offer for ABN AMRO after a court ruled that the Dutch bank could sell its U.S. retail operations to Bank of America.

The previous bid by RBS, Belgium’s Fortis and Spain’s Santander was subject to a precondition that ABN AMRO hold on to the division.

The new bid of US$98 billion includes 93% cash, up from the previous offer of 70%.

In April, ABN AMRO agreed to be acquired by Barclays, which would create which the world’s largest institutional asset manager.

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