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Argenta makes bid for insurer Fidea cycling team
Economy The Antwerp-based bank and insurance group Argenta launches surprisingly a bid on Fidea. Also the insurers are Ageas, the mother of AG Insurance, Baloise are in the running. That writes The Time today.

The Chinese group Anbang, which, after problems were nationalized and dismantled, is looking for a buyer for the Belgian insurer Fidea. One of the candidates is Argenta. That is remarkable, because one small exception has Argenta acquisitions always denied. CEO Marc Lauwers gave no comment.

Read also With which bank can you the best pension? Hijackers on the coast

With the acquisition of Fidea would Argenta in the top ten of the largest Belgian insurers end up. But there are other hijackers on the coast. According to the newspaper have also Ageas, the Belgian subsidiary of AG Insurance, and the Swiss insurer Baloise also a bid. Both are a size larger than Argenta, have more financial clout and have experience with acquisitions.

the private-equityspeler Athora from Bermuda is listed as a candidate, but that is not confirmed yet.

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