Fortis carve-up revised after shareholder revolt

Reuters, by Antonia van de Velde

Belgium, BNP Paribas and stricken financial group Fortis on Friday agreed revisions to the latter's carve-up in a bid to end a revolt by Fortis investors over the initial terms of the deal.The Belgian government, which announced the agreement early on Friday, hopes the modifications will end the Fortis debacle, which led to the collapse of the previous government last month.

Read more at iht.com - Business with Reuters

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