Fortis to Retain Dual Headquarters

The Belgian/ Dutch financial services group Fortis yesterday announced that it is planning to retain its dual headquarters in Brussels and Amsterdam in order to strengthen its grip on its core Benelux market.

This puts to rest rumours that the company planned to create a single European headquarters in Amsterdam or Brussels. Fortis’ chief executive, Anton von Rossum, has said “Fortis is a Benelux based company with a Benelux identity and we have no plans on changing our headquarters in the next few years.”

Mr van Rossum has also given market rumours of a merger short shrift, stressing that Fortis is not currently actively seeking a partner to merge with.

Source: Financial Times

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