ING has decided not to make an offer for Fortis’s share of ABN Amro Netherlands. Fortis had agreed to resell the share of ABN Amro it bought a year ago as part of a bailout package arranged Sunday by the Governments of Belgium, Netherlands and Luxembourg. There had been strong rumours that ING was going to be the buyer, but in the end they’ve passed saying “ING remains committed to a disciplined approach when considering aquisitions, especially in the current extraordinary market circumstances.” Bad news everywhere you turn at the moment!!!!