Bupa to acquire an additional 20% stake in Niva Bupa Insurance from True North for $325m.

Bupa, a multinational health insurance and healthcare company, agreed to acquire an additional 20% stake in Niva Bupa Insurance, a health insurance company, from True North, a private equity firm, for $325m. “Since founding the company as a joint venture, we are immensely proud of how we have helped Niva Bupa grow into such a flourishing and successful business over the years. In becoming a majority shareholder, we are building on the foundation of our strong partnership with True North. We look forward to using our market expertise and global scale to help Niva Bupa continue to grow and serve even more customers with their healthcare needs,” Iñaki Ereño, Bupa CEO.