How ABN Amro Got Bought, Bailed Out and Sold Again: TimelineBy
When a group of three banks bought ABN Amro for 71.9 billion euros ($77 billion) in 2007, it was the biggest financial-services takeover ever. A year later, the Dutch government stepped in to rescue the troubled lender, spending almost 22 billion euros on the asset. The initial public offering on Friday raised 3.3 billion euros for the government, with shares priced at 17.75 euros each.
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