Malaysia’s Top Bank Is Said to Near Buying Ageas Stake in Etiqa

Malayan Banking Bhd. is in advanced discussions to acquire Belgian insurer Ageas SA's minority stake in Etiqa, according to people with knowledge of the matter. The transaction would give Malaysia's largest bank full ownership of the Southeast Asian insurance company. Ageas currently holds a minority position in Etiqa, which operates across Southeast Asia.

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