BNP Paribas buys Fosun Group’s 9% stakes in Ageas for EUR 730 million
BNP Paribas Cardif, a subsidiary of BNP Paribas Group, has signed an agreement to acquire a 9% stake in Ageas from Fosun Group. This move will bolster BNP Paribas Group’s position in the insurance sector and deepen its strategic partnership with Ageas. The acquisition, valued at approximately 730 million euros, will occur in two phases:…