Heads of Agreement with Deutsche Bank As announced on 20 October 2009, the Dutch State and Deutsche Bank fill entered into a "Heads of Agreement" outlining the principal terms and conditions for the sale to Deutsche Bank AG of the new HBU II N.
V. consisting of fragment of the Dutch commercial clients' activities and selected regional branch offices and IFN Nederland B.
V. to comply with the European Commission's requirements for competition and to thus enable the integration of the new ABN AMRO Bank and Fortis Bank Nederland.
Source: abnamro.com