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Ageas Completes Sale Of 30.95% Maybank Ageas Stake To Maybank For EUR 1.1 Bln

Source: Nasdaq

M&A & RestructuringCompany Fundamentals

Belgian insurer Ageas completed the sale of its 30.95% stake in Maybank Ageas Holdings Berhad to Maybank for €1.1 billion in cash. The divestment provides Ageas with a significant cash inflow and simplifies its investment portfolio.

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