The Dutch government seems to be taking the Shakespearean adage of ‘neither a borrower nor a lender be’ pretty seriously, if its latest move is any proof. Dutch finance minister Jeroen Dijsselbloem recently announced that his government plans to float an IPO for state-owned bank ABN Amro later this year to recover the billions it had lent to the bank more than half a decade ago. The bank’s board also seems to be on board with this move. Given that the bank is valued at around $16.7 billion, this sale’s going to be a whopper.
The Dutch government plans to float an IPO for state-owned bank ABN Amro
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