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CCI Approves HDFC Life Insurance's Acquisition Of Exide Life Insurance

CCI Approves HDFC Life Insurance's Acquisition Of Exide Life Insurance

02 November 2021

The terms of the acquisition announced on September 3 stated that HDFC Life would acquire a 100 per cent stake in Exide Life Insurance from Exide Industries by issuing 8.70 crore shares at an issue price of Rs 685/share and a cash payout of Rs 726 crore,...

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Opinion

CCI Approves HDFC Life Insurance's Acquisition Of Exide Life Insurance

CCI Approves HDFC Life Insurance's Acquisition Of Exide Life Insurance

The terms of the acquisition announced on September 3 stated that HDFC Life would acquire a 100 per cent stake in Exide Life Insurance from Exide Industries by issuing 8.70 crore shares at an issue price of Rs 685/share and a cash payout of Rs 726 crore, aggregating to Rs 6,687 crore.

02 November 2021
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