CCI approves Temasek, India Business Excellence Fund-IV stake buy in Niva Bupa Health Insurance.
National
In October this year, Niva Bupa Health Insurance Company Ltd had announced that it is all set to welcome new investors who had collectively committed to invest ₹800 crore in the company for a minority stake, subject to regulatory approval. The investors include India Business Excellence Fund IV; Temasek and Paragon Partners Growth Fund II amongst others.
Simultaneously, the fair trade regulator has also approved the acquisition of certain stake in Niva Bupa
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