It was not immediately clear if the deal marks the French insurer s exit from the South Asian country. Meanwhile, Bharti said it was in talks with other investors to scale up the business by partnering or combining with their entities.
India Business News: Indian conglomerate, Bharti Group, is set to acquire French insurer AXA's 49% stake in Bharti AXA Life Insurance Co, taking full control of the joint
Bharti Group has announced that it is acquiring French insurer AXA's 49% stake in Bharti AXA Life Insurance Co., a move that grants Bharti full control over a venture that the two companies jointly operated for nearly two decades, Reuters reported.
Indian private equity firm True North on Friday said it will sell around 20% of its stake in Niva Bupa Insurance to its UK-based partner Bupa for about 27 billion rupees .. -September 29, 2023 at 09:31 am EDT
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