Dutch Government Sells $1.3 Billion Stake in ABN Amro Bank

Reported 28 days ago

The Dutch government has reduced its ownership in ABN Amro Bank NV from 49.5% to 40.5% by selling shares valued at approximately $1.3 billion, as part of its ongoing effort to fully privatize the bank it acquired during the financial crisis. This sale concludes a divestment plan initiated last year, while the government continues to explore future sales of its remaining stake.

Source: YAHOO

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