AGEAS News

Analysts Conflicted on These Financial Names: Ageas NV (GB:0Q99), Julius Baer Group Ltd (Six Swiss: CH:BAER) and China Life Insurance Co (OtherCILJF)

TipRanksMay 29 05:09 ET

China Taiping Insurance Unit to Sell 10% Stake to Belgian Insurer Ageas

China Taiping Insurance Holdings (HKG:0966) unit Taiping Pension will sell a 10% stake to Belgium-based insurer Ageas for 1.08 billion yuan, according to a Monday filing with the Hong Kong Stock Excha

MT NewswiresMay 22 03:05 ET

Ageas to Acquire 10% of China's Taiping Pension for €137m

Yahoo FinanceMay 21 06:37 ET

China's Taiping (00966) teamed up with Belgian Fujie Group (Ageas) to deepen cooperation in the field of pension finance

On May 20, China's Taiping (00966) and Belgium's Fujie Group (Ageas) held a signing ceremony in Hong Kong. Fujie plans to invest 1,075 billion yuan in Taiping Pension Insurance Co., Ltd. (hereinafter referred to as “Taiping Pension”), a subsidiary of China Taiping, to obtain 10% of Taiping's shares. The two sides will cooperate strategically in the field of pension finance in China. Taiping Pension was founded in 2004. It is an important subsidiary of the central financial institution China Taiping Insurance Group Co., Ltd., which specializes in pension business and employee welfare protection business. It is also the first state-owned professional pension insurance company in China. The annual report shows,

Zhitong FinanceMay 21 04:26 ET

News Highlights: Top Financial Services News of the Day - Monday at 7 AM ET

Here's What Higher for Longer Means for the Stock Market Stocks are still trading near record levels, but some investors say further gains may be more difficult to come by. Certain Biotech Investors

Dow JonesApr 15 07:00 ET

Fosun International to Sell Up to 8% Stake in Belgium-Based Insurance Firm

Fosun International (HKG:0656) plans to sell a portion of its stake in Ageas SA/NV, a Belgian insurance company, to BNP Paribas Cardif for between 626 million euros and 670 million euros, a Saturday f

MT NewswiresApr 15 05:15 ET

Ageas Sheds Fosun Overhang -- Market Talk

0810 GMT - Ageas' overhang from Fosun International's shareholding is gone, ING says in a note after BNP Paribas agreed to buy Fosun's around 9% stake in the Belgium insurer for EUR730 million. "The p

WSJApr 15 04:10 ET

BNP Paribas to Acquire 9% Ageas Stake From Fosun for EUR730 Million

BNP Paribas (BNP.PA) on Sunday agreed to acquire a 9% stake in Belgian insurer Ageas (AGS.BR) from Fosun Group for 730 million euros. The acquisition will be carried out in two tranches with the first

MT NewswiresApr 14 23:44 ET

Fosun International plans to sell 15.4012 million Ageas SA/NV shares to BNP Paribas Cardif

Fosun International (00656) announced that on April 12, 2024 (CET), the company signed an agreement with the buyer BNP Paribas Cardif. According to this, the company conditionally and irrevocably agreed to sell and the buyer conditionally and irrevocably agreed to purchase no more than 15.4012 million shares for sale. The total minimum cost was approximately EUR 626 million and the maximum amount was approximately EUR 670 million (subject to adjustments). As of the date of this announcement, the sale of shares did not exceed 8.19% of the total issued shares of the target company Ageas SA/NV. sell

新浪港股Apr 14 20:19 ET

Fosun International to Sell 15.40M Shares in Insurer Ageas

Fosun International to Sell 15.40M Shares in Insurer Ageas

Dow JonesApr 14 18:23 ET

Fosun International (00656.HK) plans to sell Ageas SA/NV shares at a total cost of up to about 670 million euros

Gelonghui, April 14, 丨 Fosun International (00656.HK) announced that on April 12, 2024 (CET), the company signed an agreement with the buyer (i.e. BNP Paribas Cardif). According to this, the company conditionally and irrevocably agreed to sell and the buyer conditionally and irrevocably agreed to buy no more than 15.4013 million shares for sale. The total minimum cost was approximately EUR 626 million and the maximum amount was approximately EUR 670 million (subject to adjustments). As of the date of this announcement, the sale of shares did not exceed 8.19% of the total number of issued shares of the target company.

Gelonghui FinanceApr 14 06:17 ET

BNP Paribas Has Signed an Agreement With Fosun Group to Acquire Its Stake in Ageas

BNP Paribas has signed an agreement with Fosun Group to acquire its stake in ageas Press Release Paris, 14 April 2024 BNP Paribas Group announces the signature, through its insurance subsidiary BNP Pa

GlobeNewswireApr 14 06:00 ET