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Vienna Insurance Group AG

2020

Vienna Insurance Group AG (VIG) has acquired Aegon's insurance, pension and asset management business in Hungary, Poland, Romania and Turkey for a total consideration of EUR 830 million. The transaction marks one of the largest deals in the FSI sector in Central Europe in 2020 and the largest in the Hungarian insurance sector in the last 12 years. As a result, VIG further strengthens its leading position in the CEE region and becomes the largest insurance provider in Hungary.

Deloitte has provided comprehensive buy-side transaction advisory services to VIG over the transaction.

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