MetLife said it had entered into an agreement with IGE India and Elpro International to acquire their combined stake of 15.27% in PNB MetLife India Insurance Company Limited. The deal will boost MetLife's stake in PNB MetLife to more than 47%.
source https://economictimes.indiatimes.com/industry/banking/finance/insure/metlife-plans-to-raise-its-stake-in-indian-venture-acquire-stake-of-ige-elpro/articleshow/86759189.cms
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