.
MergerLinks Header Logo

New Deal


Announced

BNP Paribas to acquire a minority stake in Ageas from Fosun Capital for €730m.

Financials

Edit Data
Transaction Value£623m
Consideration TypeCash
Capital Owned-
Capital Bid For9%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Acquisition

Minority

Public

Friendly

Private Equity

insurance services

Belgium

Full Line Insurance

Cross Border

Pending

Single Bidder

Synopsis

Edit

BNP Paribas, a multinational universal bank and financial services holding company, agreed to acquire a minority stake in Ageas, a Belgian multinational insurance company, from Fosun Capital, a private equity firm, for €730m. "Ageas is pleased to see that BNP Paribas recognises, through this investment, the value of its partnership for the long term and the potential of the company going forward," Ageas.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US