CCI Greenlights Zurich Insurance’s Acquisition of 70% Stake in Kotak Mahindra General Insurance
New Delhi: The Competition Commission of India (CCI) has granted approval for the acquisition of a 70% stake in Kotak Mahindra General Insurance Company Limited by Zurich Insurance Company Ltd. The proposed deal involves Zurich Insurance Company Ltd. acquiring a majority stake in Kotak Mahindra General Insurance Company Limited from Kotak Mahindra Bank Limited. As…
