by AIP Online Bureau | Dec 8, 2025 | Banking & Bancassurance, Eco/Invest/Demography, International News, Life
The deal involves France’s biggest bank selling its 25% stake in AG Insurance to Ageas for 1.9 billion euros while simultaneously investing 1.1 billion euros into Ageas through its insurance subsidiary BNP Paribas Cardif, based on an agreed price of 60 euros per...
by AIP Online Bureau | May 20, 2022 | Banking & Bancassurance, Indian News, Life
With the stake buyout from IDBI Bank, AFLI will become the first company in the life insurance sector where the foreign partner will raise its stake to the maximum permissible limit of 74 per cent Mumbai: IDBI Bank on Friday said it has entered into a pact with Ageas...