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Bajaj Finserv to buy out Allianz’s stake in life & general insurance arms for over ₹24,000 crore

1 month ago

According to the terms of the Share Purchase Agreements (SPAs) executed, the joint venture agreements will be terminated upon the completion of the first tranche of acquisition of at least 6.1% and reclassification of Allianz from being a Promoter to Investor.