This writes Jeroen Dijsselbloem, finance minister Friday in a letter to parliament.
The Minister reports that NLFI, the public body which manages ASR, has concluded that the conditions for an IPO there always.
Dijsselbloem wrote earlier that the financial sector had to be sufficiently stable, that sufficient interest to be from the financial market and ASR itself should be ready for sale.
“NLFI concludes that there continues to be met, and I was therefore advised to start with the actual sale of ASR. I share that opinion,” said Dijsselbloem.
Price
to accompany the IPO, are hired investment banks. These banks are specialized in the valuation of companies and have an extensive network in the financial world.
The coming period, analysts from these banks in talks with investors. Based on their reaction is determined at what price ASR to the stock market goes and how many shares are sold. The government spends about 7.5 million on these procedures.
At the IPO include ABN Amro, Rabobank, ING, Citigroup, Deutsche Bank, Barclays and HSBC question.
Nationalisation
The current ASR comes from the nationalization of the Dutch parts of Fortis in October 2008. The insurance arm, Fortis Insurance Netherlands, was spun and continued as ASR. With a gross premium income of ASR is just over 4 billion the fourth insurer in the Netherlands.
ABN Amro was partially floated in November 2015. A sum of € 3.3 billion was earned from the sale of a 20 percent stake. The government still has 80 percent of the shares in the bank
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