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Ageas acquires Esure for £1.295 billion, positioning as UK's third-largest personal insurer.
Belgian insurance group Ageas is set to buy UK-based Esure, owner of Sheilas' Wheels, for £1.295 billion.
This deal, pending regulatory approval, will create the UK's third-largest personal insurance platform.
Esure, which offers car and home insurance to about two million customers, saw a profit of £127 million in 2024.
The acquisition aims to expand Ageas's presence in the UK's personal insurance sector.
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Ageas adquiere Esure por 1.295 millones de libras, posicionándose como la tercera aseguradora personal más grande del Reino Unido.