ABP and PGGM sell NIBCapital for e2.1bn

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NETHERLANDS - Dutch pension funds ABP and PGGM have sold NIB Capital to J.C Flowers & Co. for e2.1bn.

When the two funds acquired the merchant bank from the Dutch government in 1999 they are said to have paid some e2bn. Announcing the agreement to sell their equal 50% stake in NIB Capital subjec...

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