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January 28, 2022
The stake sale will bring Generali’s total shareholding in the JV to around 74 per cent
January 27, 2022
Generali will also have the option to buy out the company’s remaining interest in FGIICL, subject to applicable regulatory approvals, the company said.
January 27, 2022
Debt-ridden Future Group has announced that it will sell its 25 per cent equity in Future Generali India Insurance Company Limited (FGIICL) to its JV partner Generali for a cash consideration of Rs 1,252.96 crore as part of its asset monetisation plans to pair debts. Besides, Generali has also acquired an option to buy out the Future Enterprises Limited's (FEL) remaining
January 27, 2022
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January 27, 2022
Future Group sells 25% stake in general insurance JV to partner Generali for Rs 1,253 cr
January 27, 2022
Generali has agreed to become the majority shareholder in both its property/casualty and life joint ventures in India. For the P/C business, Generali has
January 27, 2022
Debt-ridden Future Group will exit from the insurance business in a time-bound manner and plans to sell its 25 per cent equity in Future Generali India Insurance Company Ltd (FGIICL) to its JV partner Generali for a cash consideration of Rs 1,252.96 crore, as part of its asset monetisation plans to pare debts.
January 27, 2022
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January 27, 2022
Future Group has announced that it will sell its 25 percent stake in FGIICL to its JV partner Generali for Rs 1,252.96 crore.
January 27, 2022
New Delhi, Jan 27: Debt-ridden Future Group has announced that it will sell its 25 per cent equity in Future Generali India Insurance Company Limited (FGIICL) to its JV partner Generali for a cash consideration of Rs 1,252.96 crore as part of its asset monetisation plans to pair debts. Besides, Generali has also acquired an option to buy out the Future Enterprises Limited’s (FEL) remaining interest in FGIICL, which operates in the general insurance business, said a late-night regulatory fi...