Announced

Completed

Premji Invest Group and Warburg Pincus completed the acquisition of a minority stake in SBI General from IAG.

Synopsis

Premji Invest Group and Warburg Pincus completed the acquisition of a minority stake in SBI General, a general insurance company, from IAG, a multinational insurance company headquartered in Sydney, for $439m. IAG managing director and CEO Peter Harmer said the sale was part of the company’s strategy to sharpen its focus on its core territories of Australia and New Zealand.

Show Details & Financials

Did you work on this deal?

Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.

Sort

By continuing, you agree to our Terms & Conditions and our Data Privacy Policy

© COPYRIGHT 2025 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US