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September 2026 | Top M&A deals in ASEAN

Malayan Banking Berhad (Maybank), Malaysia’s largest lender, agreed to acquire the remaining 30.95% stake in Maybank Ageas Holdings Berhad (MAHB) from Ageas Insurance International NV for USD 1.2bn, taking full ownership of the holding company of the Etiqa insurance and takaful businesses in Malaysia and Singapore. The transaction is expected to enhance Maybank’s earnings, capital efficiency and bancassurance growth opportunities while supporting its regional expansion strategy.

For deeper M&A insights, explore the ISI EMIS ASEAN M&A Monitor

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