Tesco to buy out Ageas from insurance joint venture

tesco

Exclusive: Tesco has notified the Ageas UK board that it is likely to end its decade long home and motor insurance relationship next year, Post understands.

The two formed the joint venture Tesco Underwriting in 2009 and sources close to the relationship claim the supermarket giant plans to buyout the insurer’s 50.1% shareholding on or before the end of

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