Ageas Sells Stake in Italian Bancassurer CARGEAS to BNP for $213.6M

Ageas on Dec. 29 completed the sale of its stake in Italian bancassurer Cargeas Assicurazioni (CARGEAS) to BNP Paribas Cardif, for €178 million (US$213.6 million) in cash. Ageas and BNP Paribas Cardif have operated CARGEAS as a joint venture on …

from News – Insurance Journal