ASR and Aegon rumoured to be interested in acquiring Vivat
Dutch insurance companies ASR [AMS:ASRNL] and Aegon [AGN:AMS] are rumoured to be interested in acquiring compatriot industry peer Vivat, Het Financieele Dagblad reported. The Dutch business daily cited unspecified banking sources.
Vivat, based in Amstelveen, is the holding company of the brands Zwitserleven, Reaal, nowGo and ACTIAM.
Vivat is owned by Chinese insurer Anbang Insurance Group, which has just been seized by the Chinese government. An asset sale seems likely.
An IPO of Vivat, which could raise some EUR 2bn, would be preferable to the Chinese, the report said. But an acquisition of the insurance company, or parts of it, by another company seems more likely, according to Het Financieele Dagblad.