Dutch state intends to reduce stake in ABN Amro to around 40%

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ABN AMRO logo is seen at the headquarters in Amsterdam

ABN AMRO logo is seen at the headquarters in Amsterdam, Netherlands May 14, 2019. Picture taken May 14, 2019. REUTERS/Piroschka van de Wouw/File Photo Acquire Licensing Rights

AMSTERDAM, Nov 30 (Reuters) – The Dutch government on Thursday said it would sell part 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.

Reporting by Bart Meijer
Editing by Bernadette Baum

Our Standards: The Thomson Reuters Trust Principles.

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