Benelux: Dutch courage
The fanfare surrounding last year's E71bn (£56bn) hostile takeover of Dutch banking giant ABN Amro is now over and, in its place, local criticism of the deal is growing. Although the deal was unparalleled in the local market for its size and for the number of law firms involved, are Dutch advisers about to feel long-term pain and a dearth of lead-adviser finance instructions at the expense of a few months of short-term gain?
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