Posts tagged: Ageas
Betaville has been banging on about this second wave of China-backed interest in European businesses for the last month or so.
And today there has been further evidence to back this website's theories. A group of Chinese investors have snapped Irish stockbroker Goodbody for EURO 150 million. Below is a link to a Financial Times report on the deal:..
Oh look - I see Bloomborg last night published a piece that about Belgian insurer Ageas that is eerily similar to the one Betaville published a couple of weeks ago. I have pasted the links below:
Fosun is said to be the mystery company circling Ageas, the Belgian insurance business formerly known as Fortis.
The Chinese conglomerate is in the "early stages" of examining a takeover of Ageas, said sources claiming to be familiar with the matter.
Last week Betaville Intelligence reported a potential acquirer of Ageas may have already indicated an interest in buying the business, which provides property insurance...