Parties conclude discussions on sale of parts of ABN AMRO Business Unit Netherlands
Deutsche Bank, ABN AMRO and Fortis announced on July 2, 2008, that they had signed an agreement by which Deutsche Bank would acquire from ABN AMRO parts of its commercial banking activities in the Netherlands. Deutsche Bank was asked to renegotiate the terms of the transaction. Deutsche Bank regrets that these negotiations have been terminated without a completion of the acquisition. The Bank will continue to pursue growth opportunities for its Global Transaction Banking business (GTB) and remains committed to sustaining its leading position in the Dutch financial services market.
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