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News  ›  GlobeNewswire Inc.

Ageas to take full ownership of AG Insurance and formalise long term partnership with BNP Paribas

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Na
Ageas to take full ownership of AG Insurance and formalise long term partnership with BNP Paribas

Ageas will acquire the remaining 25% stake in AG Insurance from BNP Paribas Fortis for €1.9 billion, becoming the full owner of Belgium's leading insurer. The transaction is part of Ageas's Elevate27 strategy and will strengthen its financial targets and market position.

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AGESY   positive

Acquiring full ownership of AG Insurance, raising financial targets, and strengthening market leadership