Announced
Completed
HDFC completed the acquisition of an additional stake in HDFC ERGO from ERGO.
Financials
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-
Sources
Tags
India
general insurance
Full Line Insurance
Acquisition
Domestic
Majority
Private
Friendly
Single Bidder
Completed
Synopsis
HDFC, a private sector bank, completed the acquisition of an additional stake in HDFC ERGO, an insurance entity from ERGO, an insurance group. Financial terms were not disclosed.
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