Friday, June 15, 2007

UPDATE 1-SNS in talks to take over FBS Bankiers

(Reuters) - AMSTERDAM, June 15 - Dutch bank SNS Reaal said on Friday it is in talks to take over brokerage FBS Bankiers, seeking to reinforce its local market position and just a week after it agreed to buy AXA's Dutch insurance unit.



The bank, which provides retail banking and financial services to small and mid-sized companies in the Netherlands, hopes to reach a deal with Dutch financial services company WAA Groep, owner of FBS Bankiers, by the summer.


Read more at Reuters.com Mergers News

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