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The Economic Times
The Economic Times

Prudential gets CCI nod to acquire 75 pc stake in Bharti Life Insurance

Prudential CCI Insurance United Kingdom

New Delhi, Fair trade regulator CCI on Tuesday cleared the proposal of Prudential Corporation Holdings, an arm of UK-based financial giant Prudential plc, to acquire a stake in Bharti Life Insurance Company Ltd.

"The proposed combination envisages the acquisition of certain equity shareholding in Bharti Life Insurance Company Ltd (Target) by Prudential Corporation Holdings Ltd (Acquirer)," the Competition Commission of India (CCI) said in a release.

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