The acquisition is subject to the receipt of necessary regulatory approvals and customary closing conditions, according to a statement.
Aegon Life's new business premium stood at â¹11.45 crore for the last financial year, registering a 31.3% year-on-year fall, according to the Life Insurance Council's data. The insurance company has around 300,000 customers.
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White-collar hiring up 9% in December
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Rein in tax terrorism
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