The possible buyout of Fortis bank and its stake in ABN Amro, will now be effected by the Government of Netherlands for a vale of for €16.8 billion ($23.2 billion). This takeover will replace the proposal by the Dutch, Belgium and Luxembourg governments, to together buy the bank, own 49 percent in it and its stake in ABN Amro. %% As per an official statement, the parties to the deal are taking cautious steps to safeguard the interests of account holders and other parties concerned. The buy out is likely to impact the economy and contribute to the continued proper functioning of vital financial functions for the Dutch economy. %% Fortis had bid to buy out ABN Amro, as part of a three member consortium which acquired ABN Amro for €70 billion ($100.2 billion), creating a historical takeover.