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Bajaj to buy Allianz's 26% stake in insurance biz
The Morning Standard
|March 18, 2025
THE Bajaj group and the German insurance major Allianz group have decided to walk away from their two insurance joint ventures in the life and non-life areas as the latter agreed to sell their 26% each holdings in the partnership for a total consideration of a little over ₹23,400 crore or 2.6 billion euros.
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It is not immediately known how much Allianz had paid for these stakes when they had entered in 2001. It can be recalled that the two parties have been bickering for a few years over the pricing after the Pune-based diversified group turned down the German partner's interest in increasing their stakes in t
このストーリーは、The Morning Standard の March 18, 2025 版からのものです。
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