Zurich Insurance to buy 70% Kotak General stake via single deal of ₹Rs 5,560 crore thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Mumbai : Kotak Mahindra Bank Limited (“Bank”), Kotak Mahindra General Insurance Company Limited (“Kotak General Insurance”) and Zurich Insurance Company Limited (“Zurich”) have entered into definitive agreements for a transaction whereby Zurich will
Zurich firm to acquire 51% in Kotak Insurance for Rs 4,051 cr tribuneindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribuneindia.com Daily Mail and Mail on Sunday newspapers.
Kotak Mahindra Bank Limited, Kotak Mahindra General Insurance Company Limited and Zurich Insurance Company Limited have entered into definitive agreements for a transaction whereby Zurich will invest approximately Rs 4,051 crore to acquire a 51 per cent stake in Kotak General Insurance through a combination of fresh growth capital and share purchase.