business
Bharti Enterprises announces agreement for Prudential plc to acquire majority stake in Bharti Life Insurance
By Rekha Nair
New Delhi, May 18 –Bharti Enterprises announced that Prudential plc (“Prudential”), a leading insurer and asset manager in Asia and Africa, has agreed to acquire a 75% stake in Bharti Life Insurance Company Limited (“Bharti Life”), one of India’s leading life insurance providers, from Bharti Life Ventures Pvt Ltd (and other selling shareholders). Sunil Bharti Mittal, Founder and Chairman,...
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