Aegon, Vienna Insurance Group deal in Hungary runs into trouble

Aegon, Vienna Insurance Group deal in Hungary runs into trouble

Aegon said that the Budapest Metropolitan Court has rejected the company and Vienna Insurance Group AG Wiener Versicherung Gruppe’s (VIG) joint appeal challenging the Hungarian Interior Ministry’s decision to block their previously announced transaction. The deal in question involves the proposed sale of Dutch insurance group Aegon’s insurance, pension, and asset management business in Hungary, […]