Acquiring Company
Maybank Group
Acquired Company
Ageas
Kuala Lumpur
MumbaiFinancial ServicesFinanceFintechLendingBankingFinancial ServicesInsuranceDescription
Ageas has completed the sale of its 30.95% stake in Maybank Ageas Holdings Berhad to Maybank for EUR 1.10 billion. The transaction was finalized on September 11, 2026, and resulted in a net capital gain of EUR 464.00 million after tax for Ageas. This sale values Maybank Ageas Holdings Berhad at approximately EUR 3.50 billion. The acquisition enhances Maybank's position in the insurance sector.
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Frequently asked
Who acquired Ageas?
Ageas was acquired by Maybank Group, based in Kuala Lumpur. The deal was reported on October 3, 2026. Maybank Group is the leading financial services provider in Malaysia catering to the needs of consumers, investors, entrepreneurs, non-profit organisations and corporations. Maybank Group is privately held and operates in Financial Services.
When did Maybank Group acquire Ageas?
Maybank Group's acquisition of Ageas was reported on October 3, 2026. Ageas has completed the sale of its 30.95% stake in Maybank Ageas Holdings Berhad to Maybank for EUR 1.10 billion. The transaction was finalized on September 11, 2026, and resulted in a net capital gain of EUR 464.00 million after tax for Ageas. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Ageas do?
Ageas is an international insurance group with a heritage spanning almost 200 years. It offers Retail and Business customers Life Protection, Pension, Saving, and Investment products designed to help people protect and enhance their financial future. It is privately held, operating in Financial Services, and is based in Mumbai.
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