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Tuesday, January 25, 2011

ABN AMRO listing more likely than sale - Dutch MinFin

Dutch Finance Minister Jan Kees de Jager said on Tuesday a sale of Dutch state-owned bank ABN AMRO [ABNNV.UL] to a foreign or domestic bank was less likely than a stock listing. "Although there are other options, the stock listing is the most realistic," De Jager said in his weekly live television interview with Dutch broadcaster RTL Z. "The option of a sale to another bank, either domestic or foreign, is less probable than a stock listing," De Jager added. He said competition law would likely prevent a Dutch financial group from buying ABN AMRO.

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