|Bid||4.6700 x 28000|
|Ask||4.6800 x 47300|
|Day's Range||4.6000 - 4.7000|
|52 Week Range||2.1000 - 5.1100|
|Beta (5Y Monthly)||1.52|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.14 (3.15%)|
|Ex-Dividend Date||Jun 07, 2021|
|1y Target Est||N/A|
(Bloomberg) -- Vienna Insurance Group AG is discussing adding a Hungarian partner to its proposal to buy Aegon NV’s eastern European arm to overcome government resistance to the deal, according to people familiar with the situation.The insurer is racing to rescue the 830 million-euro ($1 billion) deal with Aegon after Hungary surprisingly refused to approve it this month. Vienna Insurance, one of the industry leaders in the former communist part of Europe, wants to keep control of the unit and consolidate it in its books, while it’s unclear if the Hungarian side would accept a minority stake, the people said, asking not to be identified discussing confidential matters.Vienna Insurance reiterated that it was still in talks with Hungarian authorities about the deal. Press officers at Aegon and Hungary’s finance ministry declined to comment. The interior ministry in Budapest, which issued the veto on the deal, didn’t immediately respond.Hungarian Prime Minister Viktor Orban’s administration has been following a strategy of creating corporate national champions, including in the financial industry. Other potential buyers for Aegon’s business include Hungarian insurer Cig Pannonia Nyrt., whose key shareholders include people with close links to Orban, Bloomberg reported last week.A solution including a local co-owner would mirror a goodwill deal Vienna Insurance’s cross-town banking peer Erste Group Bank AG brokered with the Orban government in 2015.Back then, the purchase of a 30% stake by the government and the European Bank for Reconstruction and Development in the lender’s Hungarian unit helped end years of bitter fights. Orban had imposed Europe’s highest bank levy and forced lenders to reimburse borrowers about 1 trillion forint ($3.3 billion), mostly for their role in spreading mortgages denominated in foreign currencies, much of it in Swiss francs.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of AEGON N.V.Global Credit Research - 04 Mar 2021Paris, March 04, 2021 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of AEGON N.V. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review discussion held on 25 February 2021 in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. Since 1 January 2019, Moody's practice has been to issue a press release following each periodic review to announce its completion.This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
AEG earnings call for the period ending December 31, 2020.