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NatWest last gap fight for survival

National Westminster Bank is making its final defence arguments as it takes its last chance to fend off hostile bids from Royal Bank of Scotland and Bank of Scotland.


The bank is unveiling its estimated profits for 1999 one month early in a bid to convince shareholders its new management team can take the bank further than either of the Scottish suitors.


Under Takeover Panel rules today is the last day before the close of the City&#39s 60 day takeover timetable.


Analysts predictions on the likely profit figures range from £2.1bn to £2.4bn.

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