ABN Decision On BCR Withdrawal Is Wise -Rabo

1057 GMT [Dow Jones]

ABN Amro (ABN) decision not to pursue stake in Banca Comerciala Romana (BCR.YY) is wise, says Rabo Securities. Synergy potential in Romania and Eastern-European market is limited for ABN, which owns 5% market share, says Rabo. Sees KBC (KBC.BT) as more likely takeover candidate. Retains neutral rating, EUR20 target. Shares -0.3% at EUR19.63. (NSP)

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