The German financial services powerhouse will sell its 26% stake in Bajaj Allianz General Insurance Co and Bajaj Allianz Life ... It currently has an insurance broking business, having expanded its ...
Bajaj Finserv's Chairman & Managing Director Sanjiv Bajaj on Tuesday confirmed that both the life and general insurance arms of the company will go public in due course of time. While speaking to CNBC ...
has signed definitive agreements to acquire Allianz SE's 26% stake in Bajaj Allianz General Insurance (BAGIC ... The acquisition is positioned as a major step in Bajaj's expansion plans, with the ...
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 ...
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 Group—controlled by the Bajaj family, among India’s wealthiest clans—agreed to buy out Allianz’ Group’s 26% stakes in their Indian insurance joint ventures for 241 billion rupees ...
After acquiring Allianz’s 26% stake in Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance for Rs 24,180 crore, Bajaj Finserv is planning to explore listing of its insurance ventures.
In October, Bajaj Finserv hinted that Allianz had expressed its intent to exit the JVs in both life and general insurance. “The execution of the SPAs marks the culmination of constructive and ...
Planning a pregnancy? Learn how to choose and buy the best maternity insurance policy online. Explore key benefits, steps, ...
Bajaj Finserv has acquired Allianz’s 26% stake in its insurance arms for ₹24,180 cr. What’s next for policyholders, ...