Monday, June 4, 2007

UPDATE 2-SNS to buy AXA Dutch operations for 1.75 bln euros

(Reuters) - AMSTERDAM, June 4 - Dutch financial group SNS
Reaal to
double its domestic market share and save costs.




The bank, which provides retail banking and financial
services to small and mid-sized companies in the Netherlands,
said on Monday the acquisition would be earnings accretive from
2008 and would be partly funded by an equity issue.


Read more at Reuters.com Mergers News

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