EU clearance for the acquisition of Aegon’s businesses in Central and Eastern Europe by Vienna Insurance Group AG
(PRESS RELEASE) THE HAGUE, 13-Aug-2021 — /EuropaWire/ — Aegon N.V. (AMS: AGN), Dutch multinational life insurance, pensions and asset management company, has announced receival of the competition law clearance from the European Commission for the acquisition of Aegon’s businesses in Central and Eastern Europe by Vienna Insurance Group AG Wiener Versicherung Gruppe (VIG) (VIE: VIG), one of the largest international insurance groups in Central and Eastern Europe.
On November 29, 2020, Aegon agreed to sell its insurance, pension and asset management business in Hungary, Poland, Romania and Turkey to VIG for EUR 830 million.
VIG is in the process of obtaining all approvals from the relevant national authorities.
Media contact:
Dick Schiethart
Senior Spokesperson
+31 70 344 8821
dick.schiethart@aegon.com
SOURCE: Aegon
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