Burman to acquire a 26% stake in Religare Enterprises for $255m.

Burman, an Indian billionaire businessman, and chairman of Dabur a consumer goods company, agreed to acquire a 26% stake in Religare Enterprises, an India-based diversified financial services group, for $255m. "The proposed transaction is in line with our vision to create a leading financial services platform that encompasses lending, broking and health insurance services." Anand Burman, Dabur Chairman.