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Dutch state to sell down stake in ABN Amro
  + stars: | 2023-11-30 | by ( ) www.reuters.com   time to read: +1 min
ABN AMRO logo is seen at the headquarters in Amsterdam, Netherlands May 14, 2019. REUTERS/Piroschka van de Wouw/File Photo Acquire Licensing RightsAMSTERDAM, Nov 30 (Reuters) - The Dutch government on Thursday said it would sell some of its shares in lender ABN Amro (ABNd.AS) , reducing its stake to around 40%. The Dutch state currently holds 49.5% of the shares in ABN Amro, one of three dominant banks in the Netherlands, following a bailout in the 2008 financial crisis. The Dutch state sold down its holding in ABN Amro to below 50% earlier this year. ABN Amro shares traded down 2.2% at 12.25 euros ($13.38) in early trading on Thursday, around 30% below their 2015 introduction price.
Persons: de, Bart Meijer, Bernadette Baum, Sharon Singleton Organizations: ABN AMRO, REUTERS, Rights, ABN Amro, of America Securities Europe, Thomson Locations: Amsterdam , Netherlands, Netherlands
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