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Safecrop $927 million acquisition of Star Health & Allied Insurance

21/8/2018
Private acquisition
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$ 927 million

Announced

21/8/2018

Overview:

  • Safecrop Holdings has entered into a definitive agreement to acquire Star Health & Allied Insurance Company.
  • Safecrop Holdings is a consortium of investors including WestBridge, Rakesh Jhunjhunwala and Madison Capital.

Daniel Semerdzhiev - Data analyst

Jurisdiction:

India

Deal type:

Private acquisition

Practice area:

M&A

Governing law:

India

Industry sector:

Insurance

Firms:
Nishith Desai Associates

Party: WestBridge Capital (Acquirer)

Party: Madison Capital (Acquirer)

Lawyer: Nishchal Joshipura

Touchstone Partners

Party: Star Health & Allied Insurance Company Ltd (Target)

Trilegal

Party: Rakesh Jhunjhunwala (Acquirer)

Lawyer: Ashwyn Misra

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