Monday, April 27, 2020

Axis Bank to acquire 30% of Max Life for ₹1,600 crore

India’s fourth-largest private sector bank will become a strategic partner of the life insurance firm, in which Max Financial will eventually hold 70% after a two-stage transaction.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/axis-to-acquire-30-of-max-life-for-1600-crore/articleshow/75416011.cms

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