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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.
Dutch Government Plans to Cut ABN Amro Stake (ORG) Deals Dutch Government Plans to Cut ABN Amro Stake (ORG) Netherlands (LOCATION) ABN Amro Bank NV (ORG) Dutch (ORG) NLFI (ORG) ABN Amro (ORG)
Originally published by Bloomberg Markets Read original →