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Bajaj Finserv talking to Allianz on JV exit
Financial Express Kochi
|February 05, 2025
BAJAJ FINSERV is still talking to Germany's Allianz SE to part ways in their life and general insurance joint ventures, as the former seeks greater control of the businesses.
"You can have only one captain of the ship," Sanjiv Bajaj, chairman and managing director, Bajaj Finserv, told Bloomberg TV in an interview. "We are the captain of this ship and we've run this ship well."
The Pune-based lender had informed the exchanges in October that Allianz was "actively considering" exiting the JVs, in which the German firm holds 26% each.
Diese Geschichte stammt aus der February 05, 2025-Ausgabe von Financial Express Kochi.
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