
Bajaj Finserv to buy Allianz’s 26% stake in Bajaj Allianz Life and General Insurance for Rs 24,000 crore
Bajaj Finserv announced it will acquire Allianz SE’s 26% stake in both Bajaj Allianz Life Insurance and Bajaj Allianz General Insurance for ₹24,180 crore, ending their 24-year partnership. Under the deal, Bajaj Finserv will acquire about 1.01% in each company, Bajaj Holdings and Investment Ltd will pick up 19.95%, and Jamnalal Sons Pvt. Ltd will […]