Monday, June 13, 2016
Bupa increases stake in MaxBupa to 49 pct.
Completes share purchase from partner Max India to increase its stake in indian health insurer Max Bupa to 49 pct.
Announced completion of transaction to increase Bupa's shareholding in their health insurance joint venture Max Bupa from 26 pct to 49 pct.
Has paid Rs 207 cr (approximately 21.9 mln stg) to Max India, in an all cash transaction, for stake increase.
Source : reuters.com
