M&A Deal Summary |
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Date | 2016-08-11 |
Target | Cofunds |
Sector | Financial Services |
Buyer(s) | Aegon |
Sellers(s) | Legal & General Group |
Deal Type | Divestiture |
Deal Value | 140M GBP |
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Aegon provides life insurance, pension, and asset management products and services. It offers various life and protection products, including traditional and universal life, as well as endowment, term, employer, and whole life insurance products; and supplemental health, accidental death and dismemberment, critical illness, cancer treatment, credit/disability, income protection, and long term care insurance. Aegon was incorporated in 1983 and is based in The Hague, the Netherlands.
DEAL STATS | # |
---|---|
Overall | 7 of 8 |
Sector (Financial Services) | 2 of 2 |
Type (Divestiture) | 2 of 2 |
Country (United Kingdom) | 1 of 1 |
Year (2016) | 1 of 1 |
Size (of disclosed) | 2 of 3 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2016-01-19 |
Aegon NV - Commercial P&C Portfolio
Netherlands Aegon NV - Commercial P&C Portfolio comprises commercial property and casualty insurance portfolio with a total volume of about 90 million euros and two run-off portfolios: authorized agents and co-insurance. The business is located in the Netherlands. |
Sell | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2017-08-08 |
Unirobe Meeùs Groep B.V.
The Hague, Netherlands Unirobe Meeùs Groep B.V. (UMG) is a provider of independent advice and insurance products to approximately 580,000 retail and 75,000 wholesale customers. Unirobe Meeùs Groep B.V. is based in The Hague, Netherlands. |
Sell | €295M |
Category | Company |
---|---|
Founded | 1836 |
Sector | Financial Services |
Employees | 11,956 |
Revenue | 36.4B GBP (2023) |
Legal & General Group is a large insurance and investment management company. Legal & General is divided into four business segments. These include Legal & General Retirement, Legal & General Investment Management, Legal & General Capital, and Legal & General Insurance. Legal & General was founded in 1836 and is based in London, the United Kingdom.
DEAL STATS | # |
---|---|
Overall | 7 of 10 |
Sector (Financial Services) | 3 of 3 |
Type (Divestiture) | 7 of 8 |
Country (United Kingdom) | 4 of 6 |
Year (2016) | 3 of 4 |
Size (of disclosed) | 1 of 6 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2016-01-15 |
Suffolk Life Group
Ipswich, United Kingdom Suffolk Life Group Ltd. is a provider and administrator of specialist pension products, primarily Self-Invested Personal Pensions (SIPPs). It has total assets exceeding £5 billion. Suffolk Life owns over 2,700 properties for over 4,000 SIPP investors. |
Sell | £45M |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2016-11-24 |
Legal & General Nederland Levensverzekering Maatschappij N.V
Hilversum, Netherlands Legal & General Nederland Levensverzekering Maatschappij N.V is a Dutch life and pension insurer provider. Legal & General Netherlands is covered by all Dutch laws and regulations and under the supervision of the Dutch Central Bank (DNB) and the Netherlands Authority for the Financial Markets (AFM). |
Sell | €160M |