Shares of state-owned bank ABN AMRO (ABN.NL) jumped as much as 18% after Bloomberg agency reported, citing people familiar with the matter, that BNP Paribas (BNP.FR) has expressed interest in a potential takeover of the Dutch bank. France's largest bank has arranged a meeting with government officials to discuss the potential deal, an anonymous source commented. BNP is interested in the retail and corporate franchise of ABN AMRO. Nevertheless, the sources said that at this point, the Dutch government is not showing interest in the transaction.
Shares of ABN AMRO (ABN.NL) and BNP Paribas (BNP.FR) gained after reports of a possible takeover. Source: xStation 5
Start investing today or test a free demo
Open account Try demo Download mobile app Download mobile appThis content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
