Royal Bank of Scotland has unveiled the terms of a revised £48 billion offer for Dutch bank ABN Amro.
RBS and its consortium partners, Spain's Santander and Belgium-based Fortis, are offering €71.1 billion (£48.2 billion) for ABN - the same price as an earlier bid.
It is hoping to persuade ABN Amro to ditch a previous £45 billion takeover agreement with rival UK bank Barclays.
The RBS group also increased the cash component of the offer, meaning that it will now pay around 93% of the total in cash, or €66 billion (£44.7 billion), with the rest payable in RBS shares.
It is pressing ahead with the offer despite a court ruling on Friday allowing the Dutch bank to sell its US banking operation, LaSalle.
