ABN Amro To Sell 81% Stake In Bank Of Asia To United Overseas Bank

ABN AMRO announced today that it has accepted United Overseas Bank's (UOB) for its 80.77% stake in Bank of Asia. ABN AMRO and UOB have signed an exclusivity agreement to negotiate, finalize and execute the sale and purchase agreement as

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ABN AMRO announced today that it has accepted United Overseas Bank’s (UOB) for its 80.77% stake in Bank of Asia. ABN AMRO and UOB have signed an exclusivity agreement to negotiate, finalize and execute the sale and purchase agreement as soon as possible. Both parties will refrain from comment during the further negotiations.

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