In late September, the National Company Law Tribunal, Mumbai had okayed the scheme of amalgamation between HDFC ERGO Health Insurance (form...

It will lead to dissolution of HDFC Ergo Health without winding up.

New Delhi, Jan 9 () Mortgage lender HDFC on Thursday said it has completed the acquisition of majority stake in Apollo Munich Health Insura...

HDFC 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...

In 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 will acquire 50.8 percent from the Apollo Hospitals group for Rs 1,337 crore

Munich Re to exit after the deal. Apollo will own a small stake in the merged entity with HDFC Ergo

HDFC was trading 0.57 per cent up at Rs 1,840 at around 9.40 am (IST).

Apollo Munich is a joint venture between Chennai-based Apollo Hospitals promoted by Prathap C Reddy and his family and Munich Re.

CCI keeps a tab on unfair business practices across sectors and M&A deals above a certain threshold are required to get its approval.

According to sources, L&T has been looking at monetizing its investment in the general insurance business for some time.

The 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...

A 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 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...

Mumbai based Housing Development Finance Corp has sold 26% equity in its general insurance business to German insurer Ergo for an undisclos...

Leading housing finance company HDFC Ltd today announced Ergo International AG as the new joint venture partner for its general insurance b...