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Zurich Insurance To Acquire 70% Stake In Kotak Mahindra General For Rs 5,560 Crore

Zurich Insurance To Acquire 70% Stake In Kotak Mahindra General For Rs 5,560 Crore
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Zurich Insurance to buy 70% stake in Kotak General for Rs 5,560 cr in single tranche

Zurich will acquire 70% stake in Kotak General by way of a combination of primary and secondary acquisitions in a single tranche, Kotak Mahindra Bank said an exchange filing

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CCI Approves Zurich Insurance's Acquisition of Kotak General Insurance

CCI Approves Zurich Insurance's Acquisition of Kotak General Insurance
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MIL-OSI Asia-Pac: CCI approves acquisition of 70% stake by Zurich Insurance Company Ltd. in Kotak Mahindra General Insurance Company Limited

MIL-OSI Asia-Pac: CCI approves acquisition of 70% stake by Zurich Insurance Company Ltd. in Kotak Mahindra General Insurance Company Limited
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Fortune India: Business News, Strategy, Finance and Corporate Insight

Back in November of the previous year, Switzerland-based Zurich Insurance Group had agreed to acquire a 51% stake in KMGIC for approximately ₹4,051 crore.

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