Browsing: Bajaj Finserv

Shardul Amarchand Mangaldas & Co. acted as legal counsel to Bajaj Finserv in its proposed acquisition of Allianz SE’s stake in their insurance joint ventures, a deal valued at approximately $2.8 billion.

Bajaj Finserv’s Chairman and Managing Director, Sanjiv Bajaj, believes the Indian insurance sector is poised for a decade of significant growth, driven by low penetration rates and increasing demand for financial security.

Bajaj Finserv will acquire Allianz’s 26% stake in their insurance businesses, ending a long-standing joint venture.

Bajaj Finserv will acquire Allianz’s 26% stake in their insurance businesses, ending a long-standing joint venture.

Bajaj Finserv is reportedly planning to potentially list its life and general insurance operations by the fiscal year 2027. This move follows the company’s acquisition of Allianz’s stake, giving it complete ownership.

Bajaj Finserv will purchase Allianz SE’s 26% stake in their joint ventures, Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance, concluding a two-decade partnership.

Bajaj Finserv announces the acquisition of Allianz SE’s stake in its insurance ventures, increasing its ownership to 100%.

Allianz has agreed to sell its stakes in its Indian non-life and life insurance joint ventures to Bajaj Finserv.

Bajaj Finserv will acquire the 26% stake held by Allianz SE in their joint insurance ventures, marking the end of a two-decade partnership.