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New Deal


Announced

Completed

Vienna Insurance Group completed the acquisition of the Central and Eastern European business of Aegon for €830m.

Financials

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Transaction Value£745m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

pension fund

Private Equity

life insurance

Private Equity

Acquisition

Majority

Friendly

asset management

Private

Single Bidder

Hungary

Turkey

Completed

Poland

Romania

Synopsis

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Vienna Insurance Group, an international insurance group, completed the acquisition of the Central and Eastern European business of Aegon, a provider of life insurance, pensions and asset management, for €830m. “We are very pleased that we have now finalized the full divestment of our Central and Eastern European businesses. As part of Aegon’s transformation and sharpened focus, the closing allows us to fully concentrate on the countries and business lines where we can add most value, while our former businesses will start their new chapter as part of VIG,” Lard Friese, Aegon CEO.

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