Fortis to clarify ABN Amro role on Sunday

Belgo-Dutch banking group Fortis is to clarify its role in the possible takeover of ABN Amro bank on Sunday, chairman Maurice Lippens said at Wednesday’s AGM in Brussels.

Fortis is part of a consortium with Royal Bank of Scotland and Santander which is poised to mount a hostile bid for ABN Amro.
Lippens said Fortis was keeping all its options open and did not need ABN Amro to meet its long term targets.

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