Delta Lloyd completes sale of Delta Lloyd Bank Belgium
(Thomson Reuters ONE) -
Delta Lloyd announces the successful completion of the sale of Delta Lloyd Bank
Belgium to the Chinese insurance company Anbang Insurance Group Co. Ltd
("Anbang"). The relevant European (ECB) and Chinese (CIRC) regulators have
approved the transaction, which was announced on 16 December 2014.
The sale of the banking activities in Belgium is in line with Delta Lloyd's
strategy and will strengthen the group's focus on insurance. As a result of
further negotiations between Delta Lloyd and Anbang, the final transaction price
at closing amounts to ? 206 million, which is less than the initially disclosed
? 219 million.
Press release in PDF:
http://hugin.info/142905/R/1940546/700829.pdf
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other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Delta Lloyd via GlobeNewswire
[HUG#1940546]
Unternehmensinformation / Kurzprofil:
Datum: 22.07.2015 - 17:46 Uhr
Sprache: Deutsch
News-ID 408530
Anzahl Zeichen: 1317
contact information:
Town:
Amsterdam
Kategorie:
Business News
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"Delta Lloyd completes sale of Delta Lloyd Bank Belgium"
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