Once the deal is concluded, the Bajaj Group’s ownership in both insurance companies will increase to 100%. The acquisition is subject to approvals from regulators including the Competition Commission ...

Although India later raised the FDI cap in the insurance sector to 74%, tensions had emerged between the partners in recent years, with Allianz keen to raise its stake, while Bajaj was unwilling ...

Financial services firm Bajaj Finserv Ltd on Monday signed Share Purchase Agreements for the acquisition of 26 per cent stake owned by Allianz SE of Germany in its insurance businesses Bajaj Allianz ...

Bajaj to buy out Allianz's stakes in insurance joint ventures MUMBAI ... Bajaj Holdings & Investment, formed after Bajaj Auto's demerger in 2007, is an investment firm holding stakes in Bajaj ...

Global insurance major Allianz SE said it has entered into binding share purchase agreements with Bajaj Finserv to sell its 26 per cent stake in its non-life and life insurance joint ventures (JV ...

Bajaj Finserv is buying Allianz SE's 26% stake in life and general insurance ventures for ₹24,180 cr, ending their 24-year partnership. Bajaj will have full ownership of both insurance companies.

Travelers is a strong choice for auto, home and renters coverage with affordable rates compared to other providers on the ...

Bajaj Finserv will acquire Allianz SE’s 26% stake in Bajaj Allianz General Insurance Company and Bajaj Allianz Life Insurance Company for ₹24,180 crore. The acquisition will increase Bajaj ...

Bajaj Finserv on Monday said it has signed share purchase agreements (SPAs) with Allianz SE to acquire a 26 per cent stake in the two insurance joint ventures—Bajaj Allianz General Insurance Company ...

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