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Aegon to Merge Dutch Arm With Insurer ASR Nederland in $4.9 Billion Deal

Oct 27 2022 // Aegon NV is combining its operations in the Netherlands with insurer ASR Nederland NV, in a bid for market dominance in the pension, life and non-life insurance sectors. Aegon agreed to a conditional deal for a total...

Vienna Insurance Group Completes Purchase of Aegon’s Hungary Business for €620M

Mar 24 2022 // Vienna Insurance Group (VIG) acquired the business of the Dutch insurer Aegon in Hungary for €620 million ($682.6 million) after receiving approval from Hungarian regulatory authorities. The deal, which closed on March...

EU Orders Hungary to Cancel Its Veto of Sale of Aegon Unit to Vienna Insurance

Feb 22 2022 // Hungary was ordered by the European Union to cancel its decision to block the sale of Dutch insurer’s Aegon NV’s local unit to Vienna Insurance Group AG. The European Commission gave Hungary a March 18 deadline...

Vienna Insurance Agrees to Share Ownership of Hungary Unit to Save Aegon Deal

Dec 28 2021 // Vienna Insurance Group AG agreed to share ownership of its Hungarian operations with a state investment fund after months of negotiations, in order to salvage an 830 million-euro ($941 million) deal to buy regional assets...

European Commission Clears Vienna Insurance Acquisition of Aegon’s Businesses

Aug 13 2021 // The European Commission has granted competition law clearance for Vienna Insurance Group’s proposed acquisition of Aegon’s businesses in Central and Eastern Europe, according to the insurer. The acquisition by...