Belgium-based Fortis has announced that Fortis Bank has sold its remaining 144 million shares, which is 4% of the Banco Comercial Portugues share capital, to international investors.

The transaction is part of Fortis’s plan to dispose of non-core assets to help finance the acquisition of some activities of ABN Amro, which a consortium made up of Fortis, Santander and Royal Bank of Scotland is acquiring through a public offer.