Trade in Fortis shares suspended
Trade in the shares of the troubled financial services group Fortis were to be suspended on the Amsterdam and Brussels stock exchange on Monday morning, reports the Telegraaf.
Late on Sunday night it was announced that Fortis is shortly to be withdrawn from the stock market following its takeover (75%) by French banking concern BNP Paribas, the paper said.
On Friday evening the whole Dutch arm of Fortis was nationalised by the Dutch government.
Reaction to the Dutch nationalisation of Fortis to follow. For initital story click here.
Thank you for donating to DutchNews.nl.
We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.
Make a donation