Brief: Delta Lloyd and Fubon announce partnership
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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