Malaysia’s Top Bank Is Said to Near Buying Ageas Stake in Etiqa

Malayan Banking Bhd. is nearing a deal to buy out Belgian insurer Ageas SA’s minority stake in Etiqa, people familiar with the matter said, a move that would help Malaysia’s...

By Elffie Chew, Kok Leong Chan and Manuel Baigorri · Bloomberg Markets

Malayan Banking Bhd. is nearing a deal to buy out Belgian insurer Ageas SA’s minority stake in Etiqa, people familiar with the matter said, a move that would help Malaysia’s biggest lender take full ownership of the Southeast Asian insurer.