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Zurich Insurance Group completed the acquisition of a 70% stake in Kotak Mahindra General Insurance from Kotak Mahindra Bank for $671m.

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Service Providers

Freshfields Bruckhaus Deringer

legal advisors

Freshfields Bruckhaus Deringer

Cyril Amarchand Mangaldas

legal advisors

Cyril Amarchand Mangaldas

AZB & Partners

legal advisors

AZB & Partners

Morgan Stanley

financial advisors

Morgan Stanley

or

Principals

ZURICH INSURANCE LIMITED

bidder

ZURICH INSURANCE LIMITED

KOTAK MAHINDRA GENERAL INSURANCE COMPANY

target

KOTAK MAHINDRA GENERAL INSURANCE COMPANY

KOTAK MAHINDRA BANK

vendor

KOTAK MAHINDRA BANK

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