Santander Reaches Agreement With Aegon to Offer Insurance Lines in Spain
03 Juillet 2018 - 9:06AM
Dow Jones News
By Alberto Delclaux
Banco Santander SA (SAN.MC) said Tuesday that Aegon NV (AGN.AE)
will become its insurance partner in Spain for life-risk and
certain general-insurance policies following the integration of
Banco Popular.
The agreement reached between the two companies is subject to
the termination of the existing partnership between Banco Popular
and Allianz SE (ALV.XE), Santander said.
The Spanish bank said it doesn't expect the impact of the
agreement to be material to its results.
Write to Alberto Delclaux at alberto.delclaux@dowjones.com
(END) Dow Jones Newswires
July 03, 2018 02:51 ET (06:51 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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