Prudential Plc to buy 75% Bharti Life stake for ₹3,500 crore, cut ICICI Pru Life holding to 10%
UK-based Prudential plc on Sunday said it plans to acquire a 75% stake in Bharti Life Insurance and subsequently cut its holding in ICICI Prudential Life Insurance to 10%, marking a major realignment of its India strategy. The investment is part of Prudential’s “strategic repositioning of its India operations,” the company said in a statement. … Read more