Deals
ABN Amro May Fetch Premium to Peers as State Cuts Stake
- Dutch government selling 23 percent stake in bailed-out bank
- IPO is largest for bank in Europe in more than eight years
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ABN Amro Group NV is returning to markets at a premium to European peers seven years after the Dutch government bailed out the bank.
The government is selling a 23 percent stake in the nationalized lender at between 16 euros and 20 euros a share, the company said in an e-mailed statement Tuesday. At the high end, that would value the bank at more than 18.8 billion euros.