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Fortis Receives EU11.2 Billion Rescue From Benelux Governments
By Martijn van der Starre
Sept. 28 (Bloomberg) -- Belgium, The Netherlands and Luxembourg invested 11.2 billion euros ($16.3 billion) in Fortis, Belgium's biggest financial-services firm, partially nationalizing the bank in a move to restore investor confidence.
Brussels and Amsterdam-based Fortis will also sell its stake in ABN Amro Holding NV's banking unit, Belgium's Prime Minister Yves Leterme said a press conference today.
For Related News: Search of Fortis and Dierckx: NSE FORTIS FILIP DIERCKX <GO> Top Fortis stories: FORB BB <Equity> TCNI WWTOP <GO>
Last Updated: September 28, 2008 17:46 EDT
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