Announced
Bharti Life Ventures to acquire the remaining 49% stake in Bharti AXA Life Insurance from AXA.
Financials
Transaction Value-
Consideration TypeCash
Capital Owned51%
Capital Bid For49%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-
Sources
Tags
Friendly
Private
Domestic
Life Insurance
Acquisition
Majority
India
life insurance
Pending
Single Bidder
Synopsis
Bharti Life Ventures, a unit of India's Bharti Enterprises, offered to acquire the remaining 49% stake in Bharti AXA Life Insurance from AXA, an insurer. Financial terms were not disclosed.
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