NN Group's EUR2.5bn Delta Lloyd bid passes key test
Netherlands carrier Delta Lloyd's shareholders
overwhelmingly approved a EUR2.5bn ($2.7bn) takeover bid by NN
Group at a special meeting today, moving the combination a step
closer to completion.
The scale of the favourable vote reduced the threshold at which
NN Group can declare the offer unconditional, the company based in
The Hague said in a statement. It can now take that step once it
controls 67 percent of Delta Lloyd shares instead of 95
percent.
The deal would let NN...
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