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News  ›  GlobeNewswire Inc.

Ageas prend la pleine propriété d’AG Insurance et formalise un partenariat à long terme avec BNP Paribas

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Na
Ageas prend la pleine propriété d’AG Insurance et formalise un partenariat à long terme avec BNP Paribas

Ageas has acquired BNP Paribas Fortis' 25% stake in AG Insurance for €1.9 billion, becoming the full owner of the Belgian market leader. The transaction is part of Ageas' Elevate27 strategic plan and includes a 15-year bancassurance partnership with BNP Paribas.

Insights
NVDA   positive

Highlighted as a key holding in both ETFs with strong AI-related potential


AGESY   positive

Completes strategic acquisition, increases market leadership, and expects financial benefits like increased free cash flow and shareholder remuneration