Mortgage lender HDFC Ltd has completed the acquisition of a majority stake in Chennai-based Apollo Munich Health Insurance Company Ltd for Rs 1,495.81 crore. Last year, TTK Group had exited from the Cigna TTK Health...
EYE on Stakeholders: MAX India Group Sells various firms to PE Players.
Max India sold its entire 51% stake in Max Bupa Health Insurance Co Ltd to private equity firm True North Fund for over Rs 510 crore. Earlier, it was in talks with HDFC Life to merger its life insurance business Max...
HDFC Life to launch IPO; Max Life merger on hold with no regulatory nod
HDFC Standard Life Insurance on Monday led to come out with an IPO and put on hold its proposed merger with Max Life in absence of regulatory approval. The board of HDFC Standard Life Insurance in its meeting held on...
Max gives its ‘Life’ to HDFC
Earlier last year, Max Group had decided to vertically split Max India Ltd. into 3 separate listed companies- Max India Ltd (Health and Allied Businesses) Max Financial Services Ltd (Life Insurance) Max Ventures and...
Max India to sell 4.4% to IFC
Analjit Singh-owned insurance and healthcare company Max India is raising Rs 150 crore through a preferential allotment of shares to International Finance Corporation (IFC), the private sector investment arm of World...