Brief: Delta Lloyd and Fubon announce partnership

Fubon No.1 Real Estate Investment Trust

16/03/2016 13:31

March 16 (Reuters) - Delta Lloyd Nv  DLL.AS : 
    * Fubon  2881.TW  and Delta Lloyd announce partnership 
    * Companies have agreed to continue their discussions 
regarding forming an enhanced partnership 
    * In event that Fubon reaches a 15% ownership position, 
Fubon and Delta Lloyd will negotiate in good faith to enter into 
a relationship agreement 
    * Fubon may act as a sub-underwriter of rights issue in 
respect of all rights that would be allocated to it in respect 
of its shareholding 
    * Delta Lloyd will support Fubon's intention to acquire 
further ordinary shares and rights of Delta Lloyd in open market 
or in any rump placement 
    * Delta Lloyd has also agreed to nominate one individual 
designated by fubon for appointment to Delta Lloyd's supervisory 
board 
 
Source text for Eikon:  ID:nHUGFYzWS  
Further company coverage:  DLL.AS  
 
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