Delta Lloyd concludes an agreement with critical shareholder

Gepubliceerd op 16 maart 2016 om 15:28

Delta Lloyd can count on industry partner and main shareholder Fubon agrees to the proposed equity issue by 650 million euros.

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This was Wednesday just before the beginning of an extraordinary shareholders ' meeting. At that meeting will be voted on that controversial issue.

Delta Lloyd and Fubon, which has an interest of 7 percent, were earlier this week still facing each other for the right. The Taiwanese insurer pulled together with another major shareholder who via a corridor to the enterprise room wanted to block the vote on Wednesday. That requirement was, however, rejected.

Fubon will by participating in the rights issue are important at least work out, but may also want to purchase additional shares. If the interest above the 15 percent, the investor the right to nominate a Commissioner.

Source: www.nu.nl/ by: NU.nl photo: REUTERS

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