Acquiring Company
Malayan Banking Bhd
Acquired Company
Maybank Ageas Holdings Bhd
Description
Malayan Banking Bhd (Maybank) has announced its plan to acquire the remaining 30.95 percent stake in Maybank Ageas Holdings Bhd from Ageas Insurance International NV for RM4.83 billion. This acquisition aims to consolidate ownership of Maybank Ageas, enhancing Maybank's control over its insurance business. The transaction is subject to approval from Bank Negara Malaysia.
M&A Insights
Based on deal dataFrequently asked
Who acquired Maybank Ageas Holdings Bhd?
Maybank Ageas Holdings Bhd was acquired by Malayan Banking Bhd, based in Selangor. The deal was reported on August 10, 2026. Malayan Banking Bhd (Maybank) is a financial services group headquartered in Malaysia. It offers a wide range of banking services including deposits, loans, and investment solutions. Malayan Banking Bhd is privately held and operates in Financial Services.
When did Malayan Banking Bhd acquire Maybank Ageas Holdings Bhd?
Malayan Banking Bhd's acquisition of Maybank Ageas Holdings Bhd was reported on August 10, 2026. Malayan Banking Bhd (Maybank) has announced its plan to acquire the remaining 30.95 percent 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.