The insurance regulator IRDAI’s final approval for the merger of the two general insurance businesses comes over a year after ICICI Lombard bought out Bharti Axa in an all-stocks deal that reportedly valued the latter at over Rs 2,500 crore.source https://economictimes.indiatimes.com/industry/banking/finance/insure/icici-lombard-gets-final-irdai-approval-for-bharti-axa-acquisition/articleshow/85921963.cms
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