ABN Amro 'not in play' after Nordea approach - officials

ABN Amro 'not in play' after Nordea approach - officials
 

ABN Amro and its largest shareholder, the Dutch state, are not looking for a buyer and were deeply surprised by an approach by Sweden's Nordea about a merger, an ABN Amro official said on Friday.
Nordea held exploratory talks about a merger as recently as September with Netherlands Financial Investments (NLFI), the Dutch government agency that holds a majority of ABN Amro shares, but the approach was rebuffed, the official said.
"ABN is not in play. We were baffled by the approach by Nordea and referred it to our largest shareholder, the (NLFI), who rejected it. End of story,"... read more

 
7 October 2016 in Business, Views: 49
Source: Reuters
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