Belgian Insurer Ageas Eyes a 5% BCP Capital Slot Inside the Cross-Holding Cap as Fosun Mandates Advisers on Its €2.7 Billion Stake — Bancassurance Partnership Anchors the Diversification Pitch
Ageas evaluates a ~5% direct stake in BCP — the maximum it can take without restructuring its bancassurance JV — contingent on Fosun completing the exit it opened on 10 April. The Chinese conglomerate's 20%+ holding is worth ~€2.7 billion. Government backs the search for strategic shareholders.