Sigrid Baas
Sigrid Baas
countries eastern growth italy market potential struggle though
This is a very important acquisition for ABN because they struggle with growth and, though Italy is not a high-growth market like in Eastern Europe, there is more potential than in the Netherlands and most other countries where ABN is present.
deal full good point reason strategic view
From a strategic point of view it's a good deal. The reason I don't say a very good deal is because 26.50 is a full price.
banking break certainly foreign italian opens shows system though trigger
This shows that it is possible, though certainly not easy, to break into Italy. This could be a trigger that opens up the Italian banking system to other foreign takeover bids.