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Europe Daily Bulletin No. 9791

27 November 2008
Contents Publication in full By article 18 / 29
GENERAL NEWS / (eu) eu/competition
Merger of Dutch activities of Fortis and ABN Amro in Commission's sights

Brussels, 26/11/2008 (Agence Europe) - The Commission said, on Friday 21 November, that it was “closely monitoring” the Dutch state's plans for Fortis Bank Nederland and ABN AMRO Bank Nederland. When the Commission approved the acquisition by Fortis of ABN in October 2007, Fortis undertook not to merge the two banks' Dutch activities without prior divestments. A Commission press release last Friday brought a firm reminder that “this commitment has not lost its importance or legal...

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GENERAL NEWS