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