Dutch Bank NIB Mulls Both IPO and Merger

Published on:
12 September 2006 at 10:19 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00005538-dutch-bank-nib-mulls-both-ipo-and-merger/

Dutch merchant bank NIB Capital said on Wednesday it had not decided whether to merge or to float after a report Fortis and GE Capital had both made 2 billion euro ($2.64 billion) takeover bids.

An NIB Capital spokeswoman would not say if the merchant bank had received bids from Benelux financial group Fortis and the financial services arm of General Electric Co., as reported in Dutch daily Het Financieele Dagblad.

NIB Capital, which is being advised by Goldman Sachs, hopes to decide on its strategy by the end of June.

For this complete story, please visit Dutch Bank NIB Mulls Both IPO and Merger.

Dutch Bank NIB Mulls Both IPO and Merger

Unknown Author

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