Multinational insurer Ageas -a Belgian company is all set to acquire an 23% additional stake in IDBI Federal Life Insurance. It is expected that the deal will be closed by tomorrow and post the transaction the company will renamed to Ageas Federal. Post the deal the big chunk of stake will be with Ageas i.e., 49% which is max permissible limit under FDI rules and IDBI Bank will hold 25% stake compared to its current stake of 26%. The deal is expected to close around Rs.460 crore