The Dutch banking giant said on Monday its third quarter profits were up 13%
ABN Amro has taken a crucial step in its
plan to re-privatise by publishing a prospectus to float on
November 20 some 23% of its shares at €16-€20,
valuing the company at as much as €18.8bn.
The Amsterdam-based bank, which was bailed
out by the Dutch government in 2008, said on Tuesday it will
float next week depository receipts equivalent to 188 million
shares which, at the indicative price range of
€16-€20 a share, makes the company worth
This article is available exclusively to subscribers
Please log in to continue reading.
Not yet a subscriber?
Click here to take a free trial.
Already have an account? |
Please fill in your details below and a customer service representative will contact you.