HDFC to buy majority stake in Apollo Munich http://bit.ly/2Zx2Ob2 - Walletnews For Me

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    Wednesday, June 19, 2019

    Home Business News: Latest News on Business Financial News India Business & World Business News Stock Markets HDFC to buy majority stake in Apollo Munich http://bit.ly/2Zx2Ob2

    HDFC to buy majority stake in Apollo Munich http://bit.ly/2Zx2Ob2

    HDFC will acquire a majority stake in Apollo Munich Health Insurance for Rs 1,347 crore following a deal with the company's promoter Apollo Hospitals group. Once it is approved by the housing and insurance regulators and the competition commission, HDFC plans to merge the health insurer with its own non-life subsidiary HDFC Ergo.
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