Kaupthing, the Icelandic bank, is poised for its biggest deal after agreeing a shock €3bn ($4.1bn) move to take over NIBC, the troubled Dutch bank backed by former Goldman Sachs banker Christopher Flowers. Market rumours over a potential sale of NIBC were first reported by Financial News at the start of this week.
Flowers led a consortium which bought NIBC for €2.1bn in 2005.
