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Aegon buys into Santander's Spanish insurance operations
December 20, 2012 / 7:21 AM / 5 years ago

Aegon buys into Santander's Spanish insurance operations

AMSTERDAM, Dec 20 (Reuters) - Dutch insurer Aegon said on Wednesday it is to form a joint venture with Spain’s Banco Santander, spending 220 million euros to take 51 percent stakes in life and non-life insurance companies with a view to distributing its products through the Spanish bank’s branches.

Reporting by Gilbert Kreijger; Editing by Greg Mahlich

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