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AEG Aegon Ltd

6.33
0.07 (1.12%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Aegon Ltd NYSE:AEG NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.07 1.12% 6.33 6.34 6.26 6.30 2,710,997 01:00:00

Sabadell to Pay EUR449.5 Million For Aegon's 50% Stake in Insurer

03/05/2013 8:25am

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Aegon (NYSE:AEG)
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MADRID--Spanish bank Banco Sabadell SA (SAB.MC) has reached a deal to buy the 50% stake held by the Netherlands' Aegon NV (AEG) in Spanish insurer Meditarreneo Vida for EUR449.5 million.

Aegon acquired the stake through a joint venture with Caja de Ahorros del Mediterraneo, or CAM, a Spanish bank that was nationalized and then sold to Sabadell last year.

The deal still needs regulatory approval, Sabadell said Friday.

Write to David Roman at david.roman@wsj.com Twitter: @dromanber

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