Vienna Insurance Group has taken over the business of the Dutch group Aegon in the field of life and non-life insurance, private pensions and asset management in Romania, Hungary, Poland and Turkey. The agreement was signed in December 2020 for a value of 830 million euros and is one of the largest transactions concluded last year in Central Europe, in the financial field. The acquisition is subject to regulatory and antitrust approval and is expected to be completed in the second half of 2021.
Deloitte assisted the Austrian insurer Vienna Insurance Group in this transaction.