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AEGOF - Aegon NV: Staying On The Sidelines Despite The Favorable Divestment
Aegon N.V. Ord
Aegon announces the sale of its CEE business at surprisingly favorable terms.
With the deal set to close in early-2021, the company is positioned to further delever the balance sheet.
The yield is less attractive following the recent dividend cut, with uncertainties related to the pending restructuring plan also weighing on the outlook.