News: Ageas SA NV (AGES.BR)

AGES.BR on Brussels Stock Exchange

35.94EUR
3 Sep 2015
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Sun, Aug 30 2015

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Ageas to sell Hong Kong unit to China's JD Capital for $1.4 billion

HONG KONG - Ageas has agreed to sell its Hong Kong insurance unit to a China-based asset manager JD Capital for HK$10.7 billion ($1.4 billion), the Belgian insurer said in a statement on Sunday, exiting a business it acquired eight years ago.

Ageas to sell Hong Kong unit to China's JD Capital for $1.4 bln

HONG KONG, Aug 30 - Ageas has agreed to sell its Hong Kong insurance unit to a China-based asset manager JD Capital for HK$10.7 billion ($1.4 billion), the Belgian insurer said in a statement on Sunday, exiting a business it acquired eight years ago.

UPDATE 1-Insurer Ageas short-lists bidders for Hong Kong business -Bloomberg

Aug 19 - Ageas has short-listed bidders for its Hong Kong life insurance business to firms including Hong Kong billionaire Richard Li's FWD Group and Fosun International Ltd, Bloomberg reported.

BRIEF-Ageas, Muang Thai Life Assurance and Military Bank form JV in Vietnam

* Ageas, Muang Thai Life Assurance and Military Bank establish a life insurance joint venture in Vietnam

BRIEF-Ageas announces exclusive negotiations to acquire AXA's insurance operations in Portugal

* Announces exclusive negotiations to acquire AXA's insurance operations in Portugal

UPDATE 1-Ageas Q2 results boosted by gain in China

BRUSSELS, Aug 5 - Belgian insurer Ageas on Wednesday said its second-quarter net profit was boosted by gains in Asia, though profits in Belgium and Britain fell.

Ageas Q2 results boosted by gain in China

BRUSSELS, Aug 5 - Belgian insurance group Ageas on Wednesday said its second-quarter net profit was boosted by gains in Asia, though profits in Belgium and Britain fell.

BRIEF-Ageas H1 insurance net profit almost doubles to 504 mln euros

* Reports H1 insurance net profit up by 48 pct to 504 million euros ($548 million)

BRIEF-AGEAS initiates new share buy-back programme for EUR 250 million

* Decided to initiate a new share buy-back programme of its outstanding common stock for an amount of 250 million euros ($271.63 million)

BRIEF-Ageas completes 250 million euro share buy-back

* Announces completion of its 250 million euro ($274 million)share buy-back programme

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