On the Record · Aegon

Aegon acquisitions, on the record

The businesses Aegon bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

Business	Deal	When	Value
56% stake in Aegon Life Insurance Company (India) to Bandhan Financial Holdings Limited Word for word“The transaction was completed on February 23, 2024.” 20-F for 2023	agreed divestiture	The transaction was completed on February 23, 2024.	—
Dutch pension, life and non-life insurance, banking, and mortgage origination activities with a.s.r. Word for word“Aegon completes the combination of its Dutch pension, life and non-life insurance, banking, and mortgage origination activities with a.s.r. and begins its asset management partnership with a.s.r.” 20-F for 2023	merger	—	—
NIBC's European collateralized loan obligation (CLO) activities Word for word“Aegon strengthens its asset management capabilities by acquiring NIBC’s European collateralized loan obligation (CLO) activities.” 20-F for 2023	acquisition	—	—
La Financière de l’Échiquier Word for word“Aegon Asset Management and La Banque Postale extend their partnership to 2035 via their joint venture, La Banque Postale Asset Management (LBP AM), and complete the acquisition of La Financière de l’Échiquier, a French asset manager.” 20-F for 2023	acquisition	—	—
56% stake in joint venture in India, Aegon Life Insurance Company, to Bandhan Financial Holdings Limited Word for word“Aegon announces the sale of its 56% stake in its joint venture in India, Aegon Life Insurance Company, to Bandhan Financial Holdings Limited.” 20-F for 2023	agreed divestiture	—	—
Mongeral Aegon Group economic interest increase to 59.2% Word for word“Aegon increases its economic interest in its Brazilian joint venture, Mongeral Aegon Group, to 59.2%.” 20-F for 2023	acquisition	—	—
Nationwide Building Society's financial planning service Word for word“Realized bolt-on acquisitions in the UK (Nationwide Building Society’s financial planning service), in Asset Management (NIBC’s European Collateralized Loan Obligation activities and La Financière de l’Échiquier through its joint venture with LBP), and extended the stake in MAG in Brazil.” 20-F for 2023	acquisition	—	—
UK protection business to Royal London Word for word“Announced the divestment of Aegon’s interests in its joint venture in India, and announced the divestment of its UK protection business.” 20-F for 2023	agreed divestiture	—	—
individual protection book sold to Royal London Word for word“On July 1, 2024, Aegon UK completed the sale of its individual protection book to Royal London, transferring legal ownership to Royal London through a Part VII transfer.” 20-F for 2024	agreed divestiture	On July 1, 2024	—
Nationwide Building Society's financial planning teams (advice business, renamed Aegon Financial Planning) Word for word“In February 2024, Aegon completed the acquisition of Nationwide Building Society’s financial planning teams, which supports Aegon’s strategy to grow its Advice franchise.” 20-F for 2024	acquisition	In February 2024	—
several businesses in Central & Eastern Europe and Asia Word for word“This included the sale of several businesses in Central & Eastern Europe and Asia and was rounded off with the completion of the sale of its 56% stake in its partnership in India to Bandhan Financial Holdings Limited on February 23, 2024.” 20-F for 2024	divestiture	—	—
Protection book (Aegon UK) Word for word“Furthermore, losses incurred in 2024 relating to the Protection book have not repeated in 2025 following the sale of the business on July 1, 2024.” 20-F for 2025	divestiture	July 1, 2024	—

Read from Aegon’s annual reports (20-F for 2025, 20-F for 2024, 20-F for 2023) and the financial data it files with the SEC, as of 2026-03-26. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.