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Bank Of India Acquires 51% In Bharti AXA

Bank Of India Acquires 51% In Bharti AXA

Bank of India is acquiring 51% in Bharti AXA Investment Managers, part of AXA Group. According to the deal structure, BOI will acquire 51% of the equity and the balance will be with AXA Group. Post regulatory approval, the bank will acquire 25% stake from Bharti Enterprises and 26% from the Axa ...

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ANZ Banking may sell a part or entire of its life insurance unit

ANZ Banking may sell a part or entire of its life insurance unit

ANZ Banking Group, Australia’s fourth largest bank by market capitalization, is weighing its options to sell a part or entire of its life insurance and pension products unit. The aim of this divestment is to raise capital funds.

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