NN Group's Delta Lloyd acquisition to close
NN Group's EUR2.5bn ($2.7bn) purchase of Dutch carrier Delta
Lloyd is expected to close today, according to a joint statement
from both parties.
The deed that gives legal effect to the merger is set to come
into effect before markets open today.
Delta Lloyd's shareholders overwhelmingly approved the
EUR5.40 per share offer at a special meeting on 31 March.
The deal would give NN a Dutch-focused insurer with 2015 premium
income of EUR4bn, and create a group with pension, life...
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