Announced

ABN AMRO to acquire BUX.

Synopsis

ABN AMRO, a Dutch bank, agreed to acquire BUX, a neobroker. Financial terms were not disclosed. “It’s a lot more common now for people to start thinking well ahead about their financial future and to take control of it themselves. Over the past few years, BUX has excelled in helping clients who want to do exactly this. Welcoming BUX into the ABN AMRO family will create a unique combination of innovative user-friendliness and financial strength, stability and expertise – a powerful foundation for future growth (in the private investment domain), both for our clients and for the bank itself,” Annerie Vreugdenhil, ABN AMRO Chief Commercial Officer Personal & Business Banking.

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