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Oct 31, 2007

Dutch courage

Describe an epic takeover battle in 500 words or less

Rijkman Groenink is the chief executive of ABN Amro. Under his stewardship, the performance of the Dutch bank has been as wooden as a pair of clogs. Indeed, so disenchanted were ABN Amro’s shareholders that they envisaged a place to shove those clogs. (Groenink was recently in hospital for a – no doubt unrelated – appendectomy).Groenink’s strategy had about as much spice as Edam, but it was not until the manager of the Children’s Investment Fund, Christopher Hohn, acquired

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