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HDFC ERGO STAKE
CEOs quitting general insurance companies to pursue entrepreneurial venturesTop executives are exiting established general insurance firms to launch new entrepreneurial ventures. This trend is fueled by India's vast...
Analysts stay bullish on HDFC post sale of part stake in Ergo JVMaintaining a ‘buy’ rating with a target price of Rs 3,300, Jefferies said HDFC’s sale of 5% stake in HDFC Ergo GI to HDFC Bank will boost ...
HDFC to off-load 0.62% stake in general insurance subsidiaryHDFC has entered into a share purchase agreement for sale of 44,12,000 equity shares of Rs 10 each, representing 0.62 per cent of the issue...
Irdai gives final nod for merger of HDFC ERGO Health with HDFC ERGO General InsuranceIn late September, the National Company Law Tribunal, Mumbai had okayed the scheme of amalgamation between HDFC ERGO Health Insurance (form...
Here’s why HDFC Ltd.’s acquisition of Apollo Munich is a ‘good news’ for those who seek health insurance
HDFC ERGO Health to merge with HDFC ERGO through share swapIt will lead to dissolution of HDFC Ergo Health without winding up.
HDFC completes majority acquisition in Apollo MunichNew Delhi, Jan 9 () Mortgage lender HDFC on Thursday said it has completed the acquisition of majority stake in Apollo Munich Health Insura...
HDFC, subsidiary get approvals for acquiring majority stake in Apollo MunichHDFC will acquire 50.8 per cent from the Apollo Hospitals group for Rs 1,336 crore and will buy out the 0.4 per cent stake being held by th...
CCI approves HDFC's 51.2% stake buy in Apollo Munich HealthIn June, HDFC agreed to acquire Apollo Hospitals Group's entire 50.8 per cent stake in Apollo Munich Health for Rs 1,336 crore.
HDFC buys Apollo Munich Health for Rs 1,347 croreHDFC will acquire 50.8 percent from the Apollo Hospitals group for Rs 1,337 crore
HDFC Ergo in talks to buy Apollo Munich Health InsuranceMunich Re to exit after the deal. Apollo will own a small stake in the merged entity with HDFC Ergo
HDFC goes up on Apollo Munich buy buzzHDFC was trading 0.57 per cent up at Rs 1,840 at around 9.40 am (IST).
HDFC in talks to buy Apollo Munich insurance for Rs 1,000 croreApollo Munich is a joint venture between Chennai-based Apollo Hospitals promoted by Prathap C Reddy and his family and Munich Re.
CCI clears HDFC ERGO's acquisition of L&T General InsuranceCCI keeps a tab on unfair business practices across sectors and M&A deals above a certain threshold are required to get its approval.
HDFC Ergo, L&T General in merger talksAccording to sources, L&T has been looking at monetizing its investment in the general insurance business for some time.
German insurer ERGO may hike stake in HDFC joint ventureThe transaction is at 4.9 times the book value, which stands at Rs 1,000 crore. The company had a share capital of Rs 558 crore as on March...
HDFC Life listing only after Standard Life stake hikeA senior official of mortgage lender HDFC said that a decision to list its life insurance arm, HDFC Life, will be taken only after its join...
- HDFC gets Rs 170-cr brand premium from Ergo
HDFC is understood to have received a premium commitment of Rs 170 crore from German insurer Ergo for the latter’s 26% stake in its non-lif...
- Ergo picks up 26% in HDFC insurance firm
Mumbai based Housing Development Finance Corp has sold 26% equity in its general insurance business to German insurer Ergo for an undisclos...
- ERGO is HDFC's new general insurance partner
Leading housing finance company HDFC Ltd today announced Ergo International AG as the new joint venture partner for its general insurance b...