Politics
Dutch Government Plans to Cut ABN Amro Stake to 10.5% From 20.7%
Key Points
Deals Dutch Government Plans to Cut ABN Amro Stake to 10.5% From 20.7% The Netherlands plans to further unwind its financial crisis-era stake in ABN Amro Bank NV. The Dutch government seeks to trim its holding to 10.5%, from the current 20.7%, the state investment vehicle NLFI said in a statement on Wednesday. ABN Amro had a market value of about €34.5 billion ($38.7 billion) at Tuesday’s close.
Deals
Dutch Government Plans to Cut ABN Amro Stake to 10.5% From 20.7%
The Netherlands plans to further unwind its financial crisis-era stake in ABN Amro Bank NV.
The Dutch government seeks to trim its holding to 10.5%, from the current 20.7%, the state investment vehicle NLFI said in a statement on Wednesday. ABN Amro had a market value of about €34.5 billion ($38.7 billion) at Tuesday’s close.