ABP MERGES WITH CORDARES

[BIZ: Heerlen/Amsterdam, November 13]
The Dutch public service pension fund (ABP) and Cordares are speaking of a merger. The new company will administer a pension capacity of nearly EUR 250 billion for almost 4 million people. At the moment, ABP from Heerlen administers a pension capacity of EUR 220 billion and 2,7 people. Cordares from Amsterdam administers EUR 26,5 billion for over a million clients.
http://www.limburger.nl/