AEGON entered into an agreement with Polish insurer Ergo Hestia to purchase the $841 million pension fund management company PTE Ergo Hestia, according to an AEGON news release. The company will be renamed PTE AEGON Poland. The deal, which is expected to be completed in early 2007, must first be approved by the Polish Financial Supervision Commission.
The acquisition is designed to strengthen AEGON's overall presence in the Polish financial services market, according to the news release.
