The largest Dutch bank ABN Amro Holding NV made a lucrative offer of 6.3 billion euros ($8.16 billion) to take the major stake in Banca Antonveneta SpA and expand on the European market.

The bank now owns 12.7% in Banca Antonveneta and if ABN manages to buy the stake it does not own it will get about 1.5 million clients in the European consumer-banking market.

The offer would give 25 euros in share premium for the rest of the Padua, Italy-based company. Some analysts consider the offer to be very lucrative as the bid is high and all in cash.

To succeed in the deal, ABN must overcome some obstacles including possible opposition from Antonveneta’s shareholders and Italian government.

The takeover bid may be started as soon as April 15, the company said.