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22.07.2015 17:46:16
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Delta Lloyd completes sale of Delta Lloyd Bank Belgium
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.
This announcement is distributed by Nasdaq OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Delta Lloyd via Globenewswire
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Delta Lloyd via Globenewswire
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