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Bajaj Buys Out Allianz From Life, General Insurance JVs
Financial Express Mumbai
|March 18, 2025
BAJAJ FINSERV HAS signed share purchase agreements (SPAs) with Allianz SE to acquire the German insurer's 26% stake in their two joint ventures — Bajaj Allianz General Insurance Company (BAGIC) and Bajaj Allianz Life Insurance Company (BALIC) — for a total consideration of ₹24,180 crore.
The transaction marks the end of a partnership spanning over two decades between the Bajaj Group and Allianz.
"The agreed consideration for a 26% stake in BAGIC and BALIC is ₹13,780 crore and ₹10,400 crore," Bajaj Finserv said in a regulatory filing on Monday.
Bu hikaye Financial Express Mumbai dergisinin March 18, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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