Dutch Government nationalises Fortis and ABN AMRO
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The government of the Netherlands is to take over all Dutch operations of financial services company Fortis. Fortis was the first European bank to fall victim to the credit crisis.
The Netherlands Central Bank bought Fortis Nederland and Fortis insurances as well as the ABN Amro operations that Fortis acquired a year ago, for 16.8 billion euros.
See NRC article in English.