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[ Wed, Mar 12th 2025 ]: AOL
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[ Wed, Mar 12th 2025 ]: Investopedia
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[ Wed, Mar 12th 2025 ]: Reuters
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Ageas and Allianz explore bid for British insurance group esure, sources say

Belgian insurer Ageas has retained advisors to explore a bid for British motor and home insurer esure, four people familiar with the matter told Reuters, as part of plans to consolidate the UK personal lines market.
Ageas and Allianz are exploring a potential joint bid for British insurance group esure, according to sources familiar with the matter. This interest comes as esure, which was acquired by private equity firm Bain Capital in 2018, is now being considered for sale. The discussions are in the early stages, and there is no certainty that a deal will materialize. Esure, known for its car and home insurance products, could be valued at around 1 billion pounds ($1.28 billion) in a sale. The potential acquisition would align with the strategic interests of both Ageas and Allianz in expanding their presence in the UK insurance market.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/finance/ageas-allianz-explore-bid-british-insurance-group-esure-sources-say-2025-03-11/ ]