Dutch government plans to list as much as 30% of ABN in first wave
The Dutch government plans to list the
first chunk of ABN Amro shares "in the coming weeks", according
to sources, marking the first step in the gradual
re-privatisation of the Dutch banking giant.
The Dutch government, which bailed out the
bank in 2008, wants to sell up to 30% of ABN shares in the
coming weeks and has instructed ABN, Deutsche Bank and Morgan
Stanley, who are coordinating the sale, to step up talks with
prospective investors ahead of the listing.
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