BNP approached Dutch Finance Ministry on possible ABN purchase -source


Reuters | Amsterdam | Updated: 17-06-2022 18:00 IST | Created: 17-06-2022 18:00 IST
BNP approached Dutch Finance Ministry on possible ABN purchase -source
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French lender BNP Paribas signalled to the Dutch government interest in taking over state-owned bank ABN Amro, a deal that the ministry is not pursuing for the time being, a person with knowledge of with the matter said on Friday.

A report on the approach by Bloomberg News sent ABN Amro shares soaring, gaining 16% in Amsterdam.

Spokespersons for BNP and ABN declined to comment while the Dutch finance ministry said in a statement that it is currently seeking advice on the further sale of shares in ABN.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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