Dutch bank ABN AMRO NV said on Tuesday it would consider a merger of equals but that being acquired by another financial institution was its least favourite strategy for growth.
“(Being taken over) is not a preferred scenario. The preferred scenario is that we remain master of our own destiny,” said Jochem van de Laarschot, spokesman for ABN AMRO, the Netherlands’ biggest bank.
He said ABN AMRO would not rule out a merger of equals. “If it is a means to achieve the scale to grow to the level of our ambition, we would consider that.”
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