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Aegon Reportedly Eyes Sale of Non-US Units
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Aegon Ltd. (ENXTAM:AGN) has been assessing the option of divesting certain non-US units as it aims to focus on its US business, Bloomberg reported. According to unnamed sources cited by the news agency, the insurer has approached financial advisers. One of the businesses that may be offloaded is Aegon UK, which administers retirement accounts.Aegon may also choose to sell its 51% interest in a joint venture with Banco Santander SA. The unitoffers insurance products in Spain and Portugal.
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