ABN Amro CEO Rijkman Groenink has admitted that the Dutch bank is too small to initiate a major acquisition of its own, and therefore “think of other forms of co-operation, such as mergers.” The bank recently scrapped its soundest defence against a takeover – preference shares – to comply with new Dutch corporate governance rules. Last month, ABN Amro was rumoured to be poised to bid for Capitalia, where it owns a 9 per cent stake already.
ABN Amro CEO Admits A Merger Is Under Consideration
ABN Amro CEO Rijkman Groenink has admitted that the Dutch bank is too small to initiate a major acquisition of its own, and therefore "think of other forms of co operation, such as mergers." The bank recently scrapped its soundest
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