COMPANIES Fortis Bank’s proposed sale to BNP Paribas faced renewed uncertainty on Tuesday after a Belgian court restricted the pool of shareholders entitled to vote on the sale to a faction that rejected a similar deal in February.
The ruling was dismissed as “a joke” by Karel De Boeck, the chief executive of Fortis Holding, the Belgian bank’s parent company that on Tuesday unveiled a €28bn ($37bn) loss for 2008.
