Ageas SA: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
Provider: Ford Investor Services, Inc.
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Ageas SA/NV Concludes Merger with Ageas NV
Ageas SA/NV announced that on August 3, 2012 the Board of Directors of the Company has acknowledged that the two conditions precedent to the merger of Ageas NV and Ageas SA/NV had been fulfilled. The General Meetings of Shareholders of the Dutch Ageas NV and of the Belgian Ageas SA/NV passed a resolution approving the merger of the two companies. A reverse stock split and reverse VVPR strip split were similarly approved. Furthermore, the Board of Directors of Ageas SA/NV acknowledged that the two conditions precedent to the merger had been fulfilled. On the one hand, no creditors of Ageas NV have come forward to request additional security and on the other hand not a single shareholder has claimed the exit rights provided under Dutch law. All rights and obligations of the Dutch company were transferred to the Belgian company. Henceforth Ageas SA/NV is the sole parent company of Ageas NV.
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