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Aegon puts Eastern European business on block Reuters

Oct 28, 2020 - SNL European Financials Daily

NN Group, KBC and Allianz are interested parties, Reuters reported, citing sources familiar with the matter.

Aegon NV is in preliminary discussions with industry players to sell its Eastern European business, Reuters reported.

The Dutch insurer reportedly tapped JPMorgan for the sale, seeking to accumulate cash to prepare for the impact of the coronavirus crisis and boost earnings in its core markets. Sources familiar with the matter named Dutch insurer NN Group NV, Belgium's KBC Gro...