BNP Paribas Raises Stake in Belgium’s Largest Insurer Ageas in Deal Worth $3.5 Billion

BNP Paribas plans to increase its stake in Belgium’s largest insurer Ageas to 22.5% from 14.9%, cementing its position as top anchor investor in a two-leg transaction worth 3 billion euros ($3.5 billion), the companies said on Monday. The deal …

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