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Ageas finalise la cession de sa participation de 30,95 % dans Maybank Ageas Holdings Berhad à Maybank

GlobeNewswire Inc.·
Ageas finalise la cession de sa participation de 30,95 % dans Maybank Ageas Holdings Berhad à  Maybank

Ageas has completed the sale of its 30.95% stake in Maybank Ageas Holdings Berhad (MAHB) to Maybank for EUR 1.1 billion, generating a net after-tax gain of EUR 464 million. The transaction values 100% of MAHB at EUR 3.5 billion (2x P/B ratio) and strengthens Ageas's financial flexibility by increasing its Solvency II ratio by 23 percentage points.

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