Ageas sells 30.95% stake in Maybank Ageas Holdings to Maybank for EUR 1.1 billion
Reuters2026/09/11 04:45- Ageas completed the sale of its 30.95% stake in Maybank Ageas Holdings to Maybank for EUR 1.1 billion cash.
- Deal generated a net after-tax gain of EUR 464 million.
- Transaction valued Maybank Ageas Holdings at EUR 3.5 billion, implying about 2x price-to-book on 2025 IFRS equity.
- Solvency II ratio rose by 23 percentage points, boosting financial flexibility.
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