Van Lanschot

Type
Merger/Acquisition
Country
Netherlands
Region
Location of affected unit(s)
Sector
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64 - Financial service activities, except insurance and pension funding
130 jobs
Number of planned job losses
Job loss
Announcement Date
21 August 2004
Employment effect (start)
Foreseen end date

Description

Van Lanschot NV said it expects to pay some €250 million for the acquisition of ING Group NV unit CenE Bankiers which was announced last month. As a result of the acquisition, some 130 jobs will be cut.

Sources

  • 21 August 2004: Haagsche Courant

Citation

Eurofound (2004), Van Lanschot, Merger/Acquisition in Netherlands, factsheet number 60587, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60587.