Maybank Reportedly Considering Buyout for Full Ownership of Etiqa

Quick Summary:

Maybank is reportedly exploring a potential buyout of Ageas SA’s 31% minority stake in Etiqa, according to Bloomberg.

Sources familiar with the discussions noted that Maybank is weighing other strategic alternatives.

The bank already holds a 69% stake in the insurer.

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Article Details

Category: StartupsBusinessTechnology

Markets: MalaysiaCambodiaIndonesiaPhilippinesSingapore

Topics: Insurtech Banking Maybank Etiqa

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 03:50:19 (3 days ago)

News Timezone: GMT +8:00

News Source URL: fintechnews.my

Language: English

Article Length: 205 words

Reading Time: 2 minutes read

Sentences: 12 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fintech News Malaysia

News ID: 23616871

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About Fintech News Malaysia

Main Topics: StartupsBusinessTechnology

Official Website: fintechnews.my

Year Established: 2017

Headquarters: Malaysia

News Last Updated: 2 days ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #74

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