Aegon Ltd

AGN: XAMS (NLD)
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Aegon Finalizes Sale of Hungary Business Unit

On March 23, Aegon announced that it had completed the sale of its Hungary business unit, after a few regulatory hiccups and delays. The proceeds for Aegon’s divestment of its Hungarian business to Vienna Insurance Group amount to EUR 620 million and is a good step in the planned divestment of Aegon’s Central and Eastern Europe businesses. Poland, Romania and Turkey are expected to complete over the course of 2022.

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