Brief: ABN Amro Announces The Acquisition Of Hauck Aufhäuser Lampe

FOSUN INTERNATIONAL

28/05/2024 01:11

May 27 (Reuters) - ABN Amro Bank NV  ABNd.AS :
    * ABN AMRO ANNOUNCES THE ACQUISITION OF HAUCK AUFHÄUSER
LAMPE,
STRENGTHENING TOP 3 POSITION IN WEALTH MANAGEMENT IN GERMANY
    * ABN AMRO WILL PAY EUR 672 MILLION AT CLOSING, WHICH WILL
BE
ADJUSTED AFTER CLOSING BASED ON AUDITED FINANCIALS
    * ACQUISITION OF HAL IS EXPECTED TO CONTRIBUTE AROUND EUR 26
BILLION IN ASSETS UNDER MANAGEMENT AND EUR 2 BILLION IN LOANS
    * OVERALL IMPACT OF ACQUISITION ON ABN AMRO'S CET1 RATIO IS
EXPECTED TO BE APPROXIMATELY 45 BPS BASED ON Q1 2024 RESULTS

Source text for Eikon:  ID:nGNEbHphDq 
Further company coverage:  ABNd.AS 

 ((Reuters.Briefs@thomsonreuters.com;))