Allen & Overy (A&O) has advised AEGON, one of the world’s largest life insurance groups, on its E3.5bn (£2.2bn) share offering – the third-biggest equity offering in the US this year.
The deal, which A&O ran out of its London, New York and Amsterdam offices, consisted of a public offering in the US, as well as an offering to institutional investors within the US that will considerably boost the company’s balance sheet.
The company, which is based in the Netherlands, placed 350 million existing ordinary shares at a price of E10 (£6) per bearer share.
