Sunday, June 24, 2007
Previous ING/ABN AMRO merger talks: ING refused Groenink board-seat
Het Financieele Dagblad has some further news on the merger discussions between ING and ABN AMRO in 2006/early 2007. Apparently Groenink was denied a seat on the merged board. And ING did not wish to pay more than 31 euro a share. And after that ABN AMRO turned to Barclays, with Groenink most likely being anxious not to demand a prime role in the board....
Labels:
abn amro,
history,
innovation,
M+A's,
outsourcing,
politics + incidents,
regulation