05-07-2022 10:32 AM | Source: Reuters
Generali becomes majority shareholder in Indian non-life joint venture
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MILAN - Italy's top insurer Generali said on Friday it had completed the acquisition of a 25% stake in its Indian non-life insurance joint venture, increasing its holding to 74% after receiving regulatory and competition approvals.
When it announced the deal in January, Generali said it had agreed to pay 145 million euros
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