Largest Delta Lloyd Shareholder, Highfields, Will Vote Against Rights Offer

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 …

from News – Insurance Journal http://ift.tt/1RFQGLS
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