On Thursday, HDFC completed the acquisition of majority stake in Apollo Munich Health Insurance. The deal was worth for 1,495.81 crores.
In Apollo Munich, HDFC bought a 50.80 percent stake of Apollo Hospitals Group. It was for 1,485.14 crores. It also bought 0.36 percent shareholding of employees for 10.67 crores.
It was informed on 2 January that HDFC and its subsidiary HDFC ERGO received approvals for acquiring a majority....
Tags : HDFC, Apollo Munich Health Insurance,