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Fitch: NN Group unaffected by acquisition
Fitch Ratings said NN Group NV's (insurer financial strength rating of main operating entity A+/stable) rating will not be affected by its proposed offer to acquire Delta Lloyd NV.
On Oct. 5, NN announced its intended all-cash offer of €2.4 billion for the outstanding shares of Delta Lloyd.
Fitch said it believes that the positive and negative factors of the potential acquisition broadly offset each other.
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