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

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.