Fortis posts 28b euro loss in 2008
China Daily | Updated: 2009-04-01 08:08
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Shareholders at an extraordinary meeting of Fortis shareholders in Brussels. Bloomberg News |
Fortis Holding yesterday posted a loss of 28 billion euros last year after selling off its banking operations, once the largest in Belgium and the Netherlands, to avoid collapsing under the weight of too much bad debt.
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