ABN AMRO and SNS REAAL Sign Sale and Purchase Agreement for Bouwfonds Property Finance
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ABN AMRO Press Room: ABN AMRO and SNS REAAL sig... http://www.abnamro.com/pressroom/releases/2006... Home Search Contact Advanced Search Site map Client Segments Press Room Careers Press Room Amsterdam, 10 October 2006 ABN AMRO Bank N.V. Investor Relations ABN AMRO and SNS REAAL sign sale and purchase agreement for Bouwfonds Press Relations About ABN AMRO Property Finance (HQ 9140) Worldwide Presence P.O. Box 283 ABN AMRO announced today that it has signed a sale and purchase agreement for 1000 EA Amsterdam Corporate Governance the sale of Bouwfonds Property Finance to SNS REAAL for a total consideration of The Netherlands EUR 810 million. Contact Press Relations Press Room This follows the initial agreement on 31 July 2006 on the sale of Bouwfonds Property Development, Bouwfonds Asset Management, Bouwfonds Fondsenbeheer, Rijnlandse Bank and Bouwfonds Holding to Rabobank for EUR 845 Press Releases Archive mln and the sale in principle of Bouwfonds Property Finance to SNS REAAL. Both Media Kit transactions are expected to close before the end of the year. Share Information After provisioning for remaining risks and costs related to both transactions, Webcasts & Presentations ABN AMRO expects to book a total net gain on the sale of Bouwfonds of at least Contact Press Relations EUR 350 mln (based on bookvalues of 30 June 2006). ABN AMRO will continue to report Bouwfonds in its profit and loss account until completion of the transactions. The impact of these results will be deducted from the final book gain. Press contacts: +31-(0)20-6288900 Investor Relations: +31-(0)20-6287835 Disclaimer | Privacy Statement | Security Copyright © 1998-200ABN6 AMRO Bank N.V. All rights reserved. 1 sur 1 6/06/07 11:54 WorldReginfo - 6db3b2b2-c953-4224-b657-ed18c0f1b12f.