Dutch Government Sells ABN Amro Shares

This is a news story, published by CNBC, that relates primarily to ABN Amro news.

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Dutch bank

CNBC

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Dutch government to reduce its stake in ABN Amro by a quarter

Summary

Nutrition label

85% Informative

Dutch government to reduce stake in ABN Amro by quarter to 30% through a trading plan.

Shares of the Dutch bank traded 1.2% lower at the market open and was last down 0.6% as of 9:15 a.m. time.

The banking sector has been in the spotlight of late after UniCredit 's move to take a stake in Commerzbank sparked questions on cross-border mergers in Europe .

VR Score

Informative language

Neutral language

Article tone

semi-formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful