Future to sell 25% stake in Generali JV for Rs 1,250 cr
The stake sale will bring Generali’s total shareholding in the JV to around 74 per cent
Source: asianage.com
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Future to sell 25% of insurance JV to Generali for Rs 1,252.96 cr
Generali will also have the option to buy out the company’s remaining interest in FGIICL, subject to applicable regulatory approvals, the company said.
Source: businesstoday.in
Future Group to sell 25% stake in general insurance joint venture to Generali for Rs 1,252.96 crore
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
Source: deccanherald.com
Adani Wilmar IPO opens today, edible oil major plans to raise up to Rs 3,600 crore
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Source: indiatvnews.com
Future Group sells 25% stake in general insurance JV to partner Generali for Rs 1,253 cr
Future Group sells 25% stake in general insurance JV to partner Generali for Rs 1,253 cr
Source: freepressjournal.in