Unicaja Banco, S.A. (BME:UNI) agreed to acquire 50% stake in Liberbank Vida y Pensiones, Seguros y Reaseguros, S.A. from Aegon N.V. (ENXTAM:AGN) for €177 million on May 23, 2022. The transaction is subject to approval from regulatory authorities. The transaction is expected to close in the second half of 2022.

Unicaja Banco, S.A. (BME:UNI) completed the acquisition of 50% stake in Liberbank Vida y Pensiones, Seguros y Reaseguros, S.A. from Aegon N.V. (ENXTAM:AGN) on October 14, 2022. Guillermo San Pedro (M&A-Private Equity, Madrid), Jaime del Fraile (M&A-Private Equity, Madrid), Carmen Santo (M&A-Private Equity, Madrid) and Ignacio Díaz de Rábago (M&A-Private Equity, Madrid) of Uría Menéndez acted as legal advisors to Unicaja Banco.