Brief: Ageas Raises EUR 550 Mln Through Accelerated Bookbuild Offering

Ageas SA/NV

15/04/2025 08:38

April 15 (Reuters) - Ageas SA AGES.BR:

IT HAS SUCCESSFULLY RAISED EUR 550 MILLION BY WAY OF AN ACCELERATED BOOKBUILD OFFERING OF 10,967,099 NEW ORDINARY SHARES

THE SHARE PLACEMENT IS INTENDED TO PARTLY FINANCE THE ACQUISITION OF ESURE

TRANSACTION IS EXPECTED TO GENERATE AN UNLEVERED RETURN ON INVESTMENT OF OVER 12% FOR AGEAS, TRANSLATING IN A LEVERED RETURN ON INVESTED CAPITAL (ROIC) IN EXCESS OF 20%

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