Housing Development Finance Corporation Rs14.96 billion acquisition of a 51.16% stake in Apollo Munich Health Insurance

9/1/2020

Public acquisition

Value:

Re 14.958 billion

Dollar value:

$ 211.064 million

Status:

Completed

Date:

9/1/2020

Overview:

Banking and financial services company Housing Development Finance Corporation has completed the acquisition of a 51.16% stake in Apollo Munich Health Insurance for Rs14.96 billion from Apollo Hospitals Group.

Shah Shameer Ahmed - Researcher

Jurisdiction:

India

Deal type:

Public acquisition

Practice area:

M&A

Industry sector:

Insurance

Firm:

AZB & Partners

Party: Munich Health Holding (Seller)

Lawyer: Rajendra Barot

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