Thursday, July 19, 2007

VEB-shareholders withdraws request to replace board/commissioners ABN AMRO

In the news at BNR Nieuwsradio is the news that the association of shareholders (VEB) withdrew its request to appoint three independent commissioners at ABN AMRO to ensure a proper bidding procedure. This comes after further discussions with ABN AMRO and after having received some further assurances as to the way in which ABN AMRO will judge the two bids.

The request to do a further investigation if there was no mismanagement still stands though, so the court stuff is not entirely over.