Ageas has agreed to sell its 30.95% stake in Maybank Ageas to joint-venture partner Maybank for EUR 1.1 bln, ending a 25-year partnership. Ageas expects an after-tax net capital gain of about EUR 450 mln and places an implied valuation of Maybank Ageas at EUR 3.5 bln. The transaction is expected to complete in 2026, subject to regulatory approvals.

2026-08-03

Ageas has agreed to sell its 30.95% stake in Maybank Ageas to joint-venture partner Maybank for EUR 1.1 bln, ending a 25-year partnership. Ageas expects an after-tax net capital gain of about EUR 450 mln and places an implied valuation of Maybank Ageas at EUR 3.5 bln. The transaction is expected to complete in 2026, subject to regulatory approvals.