Delta Lloyd/NN takeover talks not in exclusive phase yet - report (translated)
Talks between Delta Lloyd [AMS:DL], the Dutch insurer, and its suitor Dutch financial services company NN [AMS:NN], have not yet entered the stage of exclusive negotiations, Het Financieele Dagblad reported, citing sources involved with the process.
NN is under a legal obligation to provide an update on the takeover talks in a week's time, the Dutch-language item added.
ASR and Vivat, two other rumoured Dutch potential suitors, are currently looking at the figures to study if they could be interested, the report noted. However, for both parties there are potential stumbling blocks. Vivat may not secure the required approval from the Dutch central bank. While in the case of ASR the Dutch government, current majority owner, would have to agree to a takeover, the item added.