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MAX FINANCIAL MERGER
KKR invests Rs 1,750 cr in Baby Memorial HospitalKKR, the prominent US investment firm, has committed another ₹1,750 crore to Baby Memorial Hospital, elevating their overall investment to ...- KKR-backed Baby Memorial to acquire 60% stake in Star Hospitals for ₹1,800 croreBaby Memorial Hospital will acquire around 60% stake in the Hyderabad hospital chain's parent company, Unimed Healthcare.
- No hurdle likely in Max Financial merger plan: Axis Max LifeAxis Max Life anticipates a smooth merger with Max Financial Services, pending parliamentary approval of the insurance bill. The amendment ...
- Max India pulls out Max Life-HDFC Life merger dealHDFC Standard Life Insurance had decided to come out with an IPO, but put on hold its proposed merger with Max Life in absence of regulator...
- Max working on new plan for merger with HDFC LifeMove comes even as HDFC Standard Life board approved an IPO proposal to sell 20%.
- HDFC Life may call off merger plan with Max Life, focus on IPOThe two parties have not been able to arrive at a mutually agreeable alternative for the transaction, which the regulator has rejected in i...
- Looking at options to complete insurance business merger deal: HDFCThe two companies' proposal to merge their insurance units has been rejected by sector regulator Irdai as it involved merger of an insuranc...
- Irdai reaffirms original position on HDFC Life-Max Life mergerIn November 2016, the two companies informed exchanges about reservations raised by Irda to accept the amalgamation in the form they had pr...
- Max Life and HDFC Life 'committed to merger', weighing optionsIn November last year, Irdai had posed reservations on the present form of amalgamation of Max Life and HDFC Life into a single entity to c...
- HDFC Life may go for IPO for merger with Max Life: Nidhesh Jain of Investec"Both the management teams are committed towards merger and this merger is definitely important for both these entities as the combined ent...
- Max Financial net profit jumps 51% at Rs 593 cr in FY17Total assets of the company as on March 31, 2017 rose to Rs 46,739.33 crore.
- HDFC Life, Max Life to chalk out new ways to mergeConflicting signals are emerging on whether the consolidation would happen first or IPO of HDFC Life.
- Attorney General refuses to give opinion on HDFC Life, Max Life merger, returns file to IRDA“I have refused to give my opinion on the matter so I have returned the file,” Attorney General Mukul Rohatgi Attorney told ET.
- HDFC Life likely to rework merger deal with Max LifePost Insurance Regulatory and Development Authority of India, both the companies will need approvals from the Securities and Exchange Board...
- HDFC Life, Max extend merger deadlineThe proposed merger, announced in August last year, hit a roadblock when Irda objected to the scheme of amalgamation and sought finance min...
- Irda seeks legal opinion on Max-HDFC merger planThe Insurance Regulatory and Development Authority (Irda) had initially rejected the two-way merger in the way the companies had proposed.
- Fresh merger structure to IRDA by Max Life-HDFC LifeIRDA expressed concerns about the deal structure since the last stage of the merger was between a holding company and a life insurance comp...
- HDFC, Max may have to rejig terms for new lifeInsurance Act does not allow merger between an insurance company and a financial services company, said an Irda official.
- Irda seeks clarifications on HDFC Life-Max dealMax Financial Services, in a filing to stock exchanges, said the regulator has expressed reservations about the scheme of amalgamation in i...
- Merger with Max Life to facilitate automatic listing of HDFC LifeIn the final merged entity, HDFC group that includes HDFC, Standard Life and Azim Premji will together have about 60-65% stake.
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