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Finance / Turkey

AEGON Confirms Acquisition Of Ankara Emeklilik

July 2008 | M&A News Alert

Dutch multi-national AEGON NV, one of the world's leading insurance companies has finalized the acquisition of the Turkish pension provider Ankara Emeklilik, as part of its broader strategy to achieve 10% share of the market in central- and eastern-Europe by 2010. AEGON, one of the biggest insurers in the world by assets and market capitalization currently employs over 29,000 people worldwide. It made the news in August 2007 when it announced a strategic business partnership with Merrill Lynch, acquiring two of Merrill's insurance companies for US$1.3

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