FORM
6-K
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
_________________
Report
of Foreign Private Issuer
Pursuant
to Rule 13a-16 or 15d-16 of
the
Securities Exchange Act of 1934
For
June
8, 2007
Commission
File Number: 001-14624
ABN
AMRO HOLDING N.V.
Gustav
Mahlerlaan 10
1082
PP
Amsterdam
The
Netherlands
________________________________________________
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file annual reports under
cover of Form 20-F or Form 40-F.
| Form 20-F X | Form 40-F |
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(1):
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(7):
Indicate
by check mark whether the registrant by furnishing the information contained
in
this Form is also thereby furnishing the information to the Commission pursuant
to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
| Yes | No X |
If
“Yes”
is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): 82- _____
Taipei,
8 June
2007
ABN
AMRO to
acquire Taitung Business Bank in Taiwan
ABN
AMRO today announced that it will acquire the branch network of Taitung Business
Bank in Taiwan following a Government auction. The acquisition will add
significant scale to the bank’s Taiwan franchise where it is already a top three
foreign bank.
Jeroen
Drost, Chief
Executive Officer of ABN AMRO in Asia said, “ABN AMRO currently has five
branches in Taiwan, this acquisition allows us to expand our network to 37.
This
presents tremendous opportunity for us to expand services to our chosen client
segments in areas convenient to them.”
”In
addition to our strong corporate and institutional banking franchise, we
have
been working very hard to build a strong business looking after clients in
affluent middle-market and SME segments. The additional branches will enable
us
to accelerate our expansion programme to this target group, at a relatively
low
cost.”
Under
the terms of
the sale, ABN AMRO is entitled to relocate the majority of 32 branches to
prime
locations for its mass affluent and SME client base, allowing tailoring to
fit
the bank’s mid-market strategy.
Terry
King, Country
Executive of ABN AMRO Taiwan said: “The acquisition not only underscores our
commitment to expanding further in Taiwan, it also enhances significantly
our
ability to serve a larger client base with more sophisticated product offerings
and customer services.”
The
sales and purchase agreement is expected to be signed within two weeks and
the
transaction is expected to close within 100 days of signing.
--ends--
|
|
||
|
Media
Enquiries:
|
||
|
Local
media
|
Edward
Lee
|
+886
2
8729
5880
|
|
International
media
|
Anna
Langford
|
+852
2700
5251
|
|
Investor
relations
|
Alexander
Mollerus
|
+31
20 6288063
|
Notes
to
Editors:
ABN AMRO
ABN AMRO
Netherlands-based
ABN AMRO is a leading international bank with total assets of EUR 1,054.60
bln
(as at 31 March 2007). It has more than 4,500 branches in 53 countries, and
has
a staff of more than 107,000 full-time equivalents worldwide. ABN AMRO is
listed
on Euronext and the New York Stock Exchange.
ABN
AMRO
Taiwan
ABN
AMRO
launched its business in Taiwan in December 1980 and operates 5 branches
with
more than 1,300 employees currently. ABN AMRO Taiwan provides a full range
of
financial services in commercial banking, consumer banking, private banking,
investment banking, and asset management.
|
Press
Relations Department
Head
Office: Gustav Mahlerlaan 10 (HQ 1190) 1082 PP Amsterdam
tel. +31
(0)20 6288900. fax +31 (0)20 6295466
Hong
Kong Office: 38/F, Cheung Kong Centre, 2 Queen's Road Central,
tel. +852
2700 5877, fax +852 2700 5874
|
||
|
|
||
The
information contained in this report is incorporated by reference
into the
registration statements on Form S-8 with Registration Nos. 333-81400,
333-84044,
333-128621, 333-128619, 333-127660 and 333-74703, the registration
statements on
Form F-3 with Registration Nos. 333-137691 and 333-104778 and the
registration
statement on Form F-4 with Registration No. 333-108304.
Cautionary
statement regarding forward-looking statements
This
announcement contains forward-looking statements. Forward-looking statements
are
statements that are not historical facts, including statements about
our beliefs
and expectations. Any statementin this announcement that expresses
or implies
our intentions, beliefs, expectations or predictions (and the assumptions
underlying them) is a forward-looking statement. These statements are
based on
plans, estimates and projections, as they are currently available to
the
management of ABN AMRO Holding N.V. ("ABN AMRO"). Forward-looking statements
therefore speak only as of the date they are made, and we take no obligation
to
update publicly any of them in light of new information or future
events.
Forward-looking
statements involve inherent risks and uncertainties. A number of important
factors could therefore cause actual future results to differ materially
from
those expressed or implied in any forward looking statement. Such factors
include, without limitation, the consummation of our proposed merger
with
Barclays PLC ("Barclays"); the completion of our proposed disposition
of
LaSalle; the conditions in the financial markets in Europe, the United
States,
Brazil and elsewhere from which we derive a substantial portion of
our trading
revenues; potential defaults of borrowers or trading counterparties;
the
implementation of our restructuring including the envisaged reduction
in
headcount; the reliability of our risk management policies, procedures
and
methods; the outcome of ongoing criminal investigations and other regulatory
initiatives related to compliance matters in the United States and
the nature
and severity of any sanctions imposed; and other risks referenced in
our filings
with the US Securities and Exchange Commission. For more information
on these
and other factors, please refer to Part I: Item 3.D "Risk Factors"
in our Annual
Report on Form 20-F filed with the US Securities and Exchange Commission
and to
any subsequent reports furnished or filed by us with the US Securities
and
Exchange Commission. The forward-looking statements contained in this
announcement are made as of the date hereof, and the companies assume
no
obligation to update any of the forward-looking statements contained
in this
announcement.
Signatures
Pursuant
to the
requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned, thereunto
duly
authorized.
| ABN AMRO HOLDING N.V. | |||
| Date: June 8 2007 | By: | /s/ Richard Bruens | |
|
|
|||
| Name: | Richard Bruens | ||
| Title: | Head of Investor Relations | ||
| By: | /s/ Willem Nagtglas Versteeg | ||
|
|
|||
| Name: | Willem Nagtglas Versteeg | ||
| Title: | Company Secretary | ||