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ABN Amro Closes NIBC Purchase

MT Newswires·08/03/2026 03:51:15
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03:51 AM EDT, 08/03/2026 (MT Newswires) -- ABN Amro Bank (ABN.AS) finalized its purchase of fellow Dutch lender NIBC from alternative asset manager Blackstone, according to a Monday release. The estimated transaction price was 875 million euros, which is still contingent on a closing settlement. ABN Amro added that the acquisition is set to boost its footprint in the savings markets in the Netherlands, Germany and Belgium. The acquired entity was consolidated into ABN Amro as of Aug. 1.