Acquiring Company
Maybank Ageas Holdings Bhd
Acquired Company
Maybank Ageas Holdings Bhd
Kuala LumpurKuala LumpurFinancial ServicesFinanceLendingBankingFinancial ServicesFinanceLendingBankingDescription
Malayan Banking Bhd (Maybank) plans to acquire the remaining 30.95% stake in Maybank Ageas Holdings Bhd from Ageas Insurance International NV for RM4.83 billion. This strategic move aims to consolidate ownership at 100%, enhancing Maybank's position in the insurance market. The acquisition is still subject to regulatory approval from Bank Negara Malaysia. Full ownership is expected to streamline Maybank's insurance and takaful operations.
M&A Insights
Based on deal dataFrequently asked
Who acquired Maybank Ageas Holdings Bhd?
Maybank Ageas Holdings Bhd was acquired by Maybank Ageas Holdings Bhd, based in Kuala Lumpur. The deal was reported on August 10, 2026. Maybank Ageas is the holding company of Etiqa's operations in Malaysia and Singapore. It offers a variety of insurance products, including life and general insurance and takaful services. Maybank Ageas Holdings Bhd is privately held and operates in Financial Services.
When did Maybank Ageas Holdings Bhd acquire Maybank Ageas Holdings Bhd?
Maybank Ageas Holdings Bhd's acquisition of Maybank Ageas Holdings Bhd was reported on August 10, 2026. Malayan Banking Bhd (Maybank) plans to acquire the remaining 30.95% stake in Maybank Ageas Holdings Bhd from Ageas Insurance International NV for RM4.83 billion. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Maybank Ageas Holdings Bhd do?
Maybank Ageas is the holding company of Etiqa's operations in Malaysia and Singapore. It offers a variety of insurance products, including life and general insurance and takaful services. It is privately held, operating in Financial Services, and is based in Kuala Lumpur.