ABN Amro plans fourth quarter IPO
Dutch state seeks partial recovery of €22 billion bailout
ABN Amro plans to sell shares in an initial public offering in Amsterdam as early as the fourth quarter. The moves comes as the Dutch state starts to recover some of the €22 billion it paid to bail out the lender seven years ago.
With the IPO, the government is seeking to recoup what it spent on a rescue that involved breaking the company up after competitors took it over in a record ...