The Blog Spot: What might a Fosun move for Ageas mean for the UK?
Jonathan Swift ponders how a potential sale of Ageas could work as the rumour mill shouts ever louder about the insurer being on the market.
For months now I have been told repeatedly the same thing: ‘Did you know Ageas is for sale?’
When pressed these rumour-mongers have had little evidence to back up their speculation, nor do they even know whether it is the whole business or a part such as the UK which is for sale.
Regardless, the story has had a life of its own.
“Why would [UK CEO] Andy Watson still be there after years of losses, if it was not for sale? Surely, they are waiting for the new owner to bring their own team in,”
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