Dutch investment fund Reggeborgh said on Thursday it had taken a 3.04% stake in Dutch bank ABN Amro, one of the three dominant lenders in the Netherlands, which just published better than expected quarterly results.
The fund recently agreed to sell its 17.6% stake in Dutch private wealth manager Van Lanschot Kempen to ING .
With its 3.04% stake, Reggeborgh is now ABN Amro’s fifth largest investor – behind the Dutch state, U.S. asset manager MFS Investment Management, Norway’s NBIM and BlackRock Institutional Trust another U.S. asset manager – according to LSEG data.
ABN Amro was nationalised during the 2008 financial crisis. The Dutch state has been gradually reducing its ownership and its stake stands now at 32.4%.
Source: Reuters.com