Prism Cement has sold 23% of its 74% stake in Raheja QBE General Insurance Company to QBE Asia Pacific Holdings – an affiliate of its existing joint venture partner, QBE Holdings.
The deal comes after India liberalized its foreign investment limits in the insurance sector, permitting foreign participants to hold up to 49% (up from 26%) in an insurance company.
You must be a
subscribersubscribersubscribersubscriber
to read this content, please
subscribesubscribesubscribesubscribe
today.
For group subscribers, please click here to access.
Interested in group subscription? Please contact us.
你需要登录去解锁本文内容。欢迎注册账号。如果想阅读月刊所有文章，欢迎成为我们的订阅会员成为我们的订阅会员。
