Announced
Synopsis
Unicaja, a Spanish savings bank based in Málaga, agreed to acquire the remaining 50% stake in the Liberbank insurance joint venture from Aegon, a Dutch multinational life insurance, pensions and asset management company, for €177m ($187m). "Aegon will continue to grow its business in Spain and Portugal through its key life and non-life joint ventures with Banco Santander as well as through its own channels, which have generated significant profitable growth over the last years," Aegon.
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