Ageas has agreed to sell its 30.95% stake in Maybank Ageas Holdings Berhad (MAHB) to its joint venture partner Maybank for €1.1 billion in cash. This deal values MAHB at €3.5 billion and is expected to finalize in 2026 pending regulatory approval. The sale generates an estimated net gain of €450 million after taxes for Ageas and will improve its Solvency II ratio by 25 percentage points. Ageas entered the Malaysian market in 2001 and expanded to Singapore in 2014, with MAHB leading in Takaful Non-life insurance and holding strong market positions in life and non-life insurance in Malaysia.
Ageas has agreed to sell its 30.95% stake in Maybank Ageas Holdings Berhad (MAHB) to its joint venture partner Maybank for €1.1 billion in cash. This deal values MAHB at €3.5 billion and results in an estimated net capital gain of about €450 million ...
Ageas has agreed to sell its 30.95% stake in Maybank Ageas Holdings Berhad to its joint venture partner Maybank for €1.1 billion in cash. This sale, expected to complete in 2026 pending regulatory approval, will generate an estimated net gain of arou...
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