FACTBOX-ABN AMRO bid highlights rise of Dutch M&A

Mon Apr 23, 2007 1:58pm BST
 
Email | Print | | Single Page
[-] Text [+]

(Reuters) - The $91 billion offer by Britain's Barclays Plc for ABN AMRO, the Netherlands' biggest bank, is the latest bid for a Dutch-based company after a string of buyouts that began last year.

Dutch companies are attractive takeover targets, thanks to strong private equity appetites, increased shareholder activism and few government barriers to takeovers.

The sale of ABN, whether to Barclays or rival bidders, would be the biggest ever buyout of a Dutch business, trumping the 10.7 billion euros ($14.5 billion) purchase of Dutch property company Rodamco earlier this month to France's Unibail Holding announced earlier this month.

The following is a list of major deals between Dutch businesses and foreign investors in 2006 and 2007:

RODAMCO

Rodamco and Unibail are merging to create Europe's biggest listed property company with 95 shopping centres in 14 countries. Together, the two firms will be the biggest owners of retail properties in Sweden, Spain, the Netherlands and France.

WOLTERS KLUWER

The Dutch publisher sold its education division to Bridgepoint Capital for 774 million euros in March. The publisher is using the money to buy back shares.

AKZO NOBEL  Continued...

 
Detail showing a commercial U.S. Dollar rate against British Sterling is displayed in central London in this file photo December 1, 2006.  REUTERS/Toby Melville
Pound picking up strength

Sterling will gradually strengthen against the dollar over the next 12 months but is unlikely to move much, a Reuters poll shows.  Full Article | Related Story 

Market Update

  • UKUK
  • USUS
  • Europe
  • Asia
  • UK Most Actives

Most Popular Business News on Reuters UK

  • Articles
  • Videos