ageas SA/NV (0Q99.IL)
| Previous close | 43.76 |
| Open | 42.94 |
| Bid | 42.36 x 0 |
| Ask | 47.58 x 0 |
| Day's range | 42.74 - 43.32 |
| 52-week range | 35.70 - 44.14 |
| Volume | |
| Avg. volume | 167,225 |
| Market cap | 8.065B |
| Beta (5Y monthly) | 0.75 |
| PE ratio (TTM) | 8.64 |
| EPS (TTM) | 4.96 |
| Earnings date | N/A |
| Forward dividend & yield | 3.00 (7.87%) |
| Ex-dividend date | 25 Oct 2023 |
| 1y target est | N/A |
ReutersBNP Paribas to become top investor in Belgian insurer Ageas
PARIS/HONG KONG (Reuters) -BNP Paribas, the euro zone's biggest bank, has agreed to buy a 9% stake in Ageas from China's Fosun Group for about 730 million euros ($780 million), making it the biggest shareholder in the Belgian insurer. The deal ends months of speculation about the future of Fosun's direct and indirect holdings in Ageas as the Chinese conglomerate speeds up asset sales to reduce its debt burden after an acquisition spree. The acquisition, to be made via the insurance division BNP Paribas Cardif, also fits BNPP's strategy of developing its insurance business.
BloombergBNP Paribas to Buy Fosun’s Stake in Belgian Insurer Ageas
(Bloomberg) -- BNP Paribas SA agreed to buy Fosun International Ltd.’s 9% stake in insurer Ageas for about €730 million ($777 million), tightening the French lender’s relationship with its partner in a Belgian business. Most Read from BloombergIsrael Versus Iran — What All-Out War Could Look LikeApple Faces Worst iPhone Slump Since Covid as China Rivals RiseTexas Warns of Possible Power Emergency Next WeekSingapore PM Lee to Hand Reins to Wong After Two DecadesIran’s Missile Barrage Was an Error
GlobeNewswireAgeas acknowledges BNP Paribas as shareholder
Ageas acknowledges BNP Paribas as shareholder Ageas announces that it has been informed by BNP Paribas that BNP Paribas has signed an agreement with Fosun to acquire an approximately 9% stake in the share capital of Ageas, taking over Fosun’s shareholding in the capital of the company. Ageas and BNP Paribas have been partners for many years via the joint shareholding of Ageas (75%) and BNP Paribas Fortis (25%) in AG Insurance and with BNP Paribas Fortis being a long-standing distribution partner
