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Maybank acquires full ownership of Etiqa

PRIVATEAug 04, 20265 days ago

Acquiring Company

Maybank

Acquired Company

Etiqa

Kuala LumpurEmailFinancial ServicesInsurance

Description

Maybank has moved to sole ownership of Etiqa through a landmark buyout, valuing the acquisition at EUR 3.5 billion. This strategic move allows Maybank to realize significant value from their long-standing partnership with Ageas. The transaction is expected to enhance the solvency ratio of Ageas. This acquisition marks a significant milestone in Maybank's expansion in the insurance sector.

Company Information

Company

Maybank

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