HDFC to sell 7.15% in life venture to foreign partner
HDFC to sell 7.15% in life venture to foreign partner (The Hindu)
Mumbai, Dec. 31 Housing finance company HDFC said on Monday that it has agreed to sell 7.15 per cent stake in its life insurance joint venture - HDFC Standard Life Insurance Company - to its foreign partner, Standard Life (Mauritius Holdings), at a pre-agreed price.
HDFC sells 7.15 pct in life JV to partner (Reuters via Yahoo! India News)
MUMBAI (Reuters) - Indian mortgage-lender Housing Development Finance Corp said on Monday it has sold 7.15 percent in its life insurance joint venture to partner Standard Life (Mauritius Holdings) 2006 Ltd for an undisclosed sum.
Aegon wraps up deals to buy insurance companies (BizJournals)
Insurance and investment firm Aegon has completed the purchase of two life insurance companies from Merrill Lynch for $1.25 billion in cash. (AEG) (ML)
Standard Life says to IPO Indian JV (Reuters via Yahoo! India News)
MUMBAI/LONDON (Reuters) - UK insurer Standard Life and Indian mortgage-lender Housing Development Finance Corp said they planned to float part of their life insurance joint venture in India before the end of 2009.