On June 8, BX.US said its purchase price for ABN AMRO had been cut by about 25 per cent, according to Zhitong Financial APP. ABN Amro said Blackstone is now offering 7 euros a share, reducing its total value to $1.13 billion from 1.36 billion euros.

Under Blackstone's initial proposal, JC Flowers, the US private equity firm that owns 60.6 per cent of ABN Amro, would sell its shares at 8.93 euros a share. Reggeborgh, a Dutch investment company with a 14.6 per cent stake, will be sold at 9.65 per cent a share.

Under the new offer, Blackstone will pay ABN Amro 46 million euros in compensation if it fails to get regulatory approval or cancels the deal for other reasons.

ABN AMRO said JC Flowers and Reggeborgh supported the price cut, but was not sure whether a deal would be reached.