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Bajaj Gets CCI Nod to Buy Allianz Stake in Insurance JVs for ₹24,180 Cr
Financial Express Hyderabad
|May 21, 2025
FAIR TRADE REGULATOR CCI on Tuesday cleared Bajaj Group's proposed acquisition of a 26% stake each in its insurance joint ventures, Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance, from its partner Allianz SE for a total consideration of ₹24,180 crore.
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"The proposed combination involves acquisition of 26% paid-up equity share capital of Bajaj Allianz Life Insurance Company and Bajaj Allianz General Insurance Company by Bajaj Finserv, Bajaj Holdings & Investment and Jamnalal Sons
This story is from the May 21, 2025 edition of Financial Express Hyderabad.
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