1 year, 4 months ago
Dutch State set to sell off another 10 percent of ABN Amro
The Dutch State plans to sell another 10 percent of its ABN Amro shares, bringing its stake in the bank down to around 40 percent. The sale will happen through a pre-arranged trading plan executed by BofA Securities Europe, said the NLFI, the foundation that manages government interests in financial institutions on behalf of the Dutch State. It will reduce the Dutch State’s stake in the bank from 49.5 percent to approximately 40 percent. The Dutch government nationalized ABN Amro to prevent its collapse during the global credit crisis that started in 2008.









































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