Delta Lloyd NV said it didn’t offer any fees or “goodies” to Fubon Financial Holding Co., one of its largest shareholders, in exchange for support for a 650 million-euro ($738 million) rights offer. “Delta Lloyd has not granted any incentives …
Delta Lloyd NV rose to the highest since December after shareholders approved a contested plan to raise 650 million euros ($720 million) in a rights offer to improve its capital levels. The stock gained as much as 6.6 percent in …
Delta Lloyd swiftly rejected a demand from top shareholder Highfields Capital to postpone a vote on a 650 million euro ($706 million) rights issue the Dutch insurer says is the only way it can comply with new European capital requirements. …
Highfields Capital Management LP, the largest shareholder in Delta Lloyd NV, will vote against the Dutch insurer’s plan to raise 650 million euros ($706 million) in a rights offer it called “unnecessary.” “Their actions are so detrimental to shareholders, and …
