Brief: Ageas To Acquire Outstanding Stake In AG Insurance From BNP Paribas Fortis

Ageas SA/NV

08/12/2025 06:08

Dec 8 (Reuters) - Ageas SA AGES.BR:

AGEAS TO TAKE FULL OWNERSHIP OF AG INSURANCE AND FORMALISE LONG TERM PARTNERSHIP WITH BNP PARIBAS

EXPECTS CASH FLOW TARGET UPLIFT TO EUR 2.6 BLN FROM TRANSACTION

DEAL EXPECTED TO GENERATE ROIC OF 15 TO 16%

COMPLETION ANTICIPATED FOR Q2 2026, SUBJECT TO APPROVALS

AGREEMENT DURATION OF 15 YEARS STARTING FROM 2027

CO AND BNP PARIBAS TO ENTER RELATIONSHIP AGREEMENT

ACQUISITION OF OUTSTANDING 25% STAKE IN ITS BELGIAN SUBSIDIARY AG INSURANCE FROM BNP PARIBAS FORTIS

ACQUISITION OF OUTSTANDING STAKE IN AG FOR A TOTAL CONSIDERATION OF EUR 1.9 BLN

Source text: ID:nGNE4r9gHF

Further company coverage: AGES.BR

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