Public Offer for Delta Lloyd by Nationale Nederlanden
NN Group - Delta Lloyd
Kempen is proud to announce it has acted as financial adviser to the Dutch Central Bank in the public offer of NN Group for Delta Lloyd
Transaction highlights
NN Group acquired Delta Lloyd for a total consideration of €2.5bn
The offer represented a 31% premium vs. the closing price of 4 October 2016
The transaction was the first major transaction in the Dutch insurance sector consolidation
The transaction was the first public offer under the Solvency II capital regime in the Netherlands
Both the Executive Board and the Supervisory Board recommended the public offer
This transaction highlights the sector expertise of Kempen’s Financial Institutions & FinTech team and its key role in the Dutch insurance sector consolidation as independent financial advisor