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Ageas rondt de verkoop af van zijn belang van 30,95% in Maybank Ageas Holdings Berhad aan Maybank

GlobeNewswire Inc.·
Ageas rondt de verkoop af van zijn belang van 30,95% in Maybank Ageas Holdings Berhad aan Maybank

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

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