ABN Amro Group NV is returning to the public markets in what may be European banking’s largest initial stock sale since 2011 after reorganizing and shrinking. Investors will be betting that the lender’s dividends will be safe.
The Dutch government, which took over ABN Amro in a bailout seven years ago, plans to sell shares in Amsterdam as soon as the fourth quarter, according to a statement Tuesday. Proceeds will go to the state, which is seeking recover some of the 22 billion euros ($24 billion) it spent on the rescue.
