Artemis 'untroubled' by ABN row

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ARTEMIS said it is business as usual as a bidding war gathers pace for ABN Amro which is a major shareholder in the investment firm.

A group of banks led by Royal Bank of Scotland confirmed it is interested in buying Dutch bank ABN Amro in a deal worth £49bn; an offer which would push Barclays out of the running. ABN Amro is a major shareholder in Artemis, with an option to exercise full ownership proposals in ten years time, so any deal that sees the Dutch financial giant pass on control of its assets could have an impact on Artemis in the future. However, Artemis is untroubled by the latest twist to the ABN Amro ownership saga. “Our view is the same as it was before,” said Nick Wells, director of communicati...

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