Allianz to sell Indian joint venture stake

Tony DowdingMarch 18, 2025
View of Pune in rainy season, Cityscape Skyline, buildings holdings, Signboards, and banners, Pune, Maharashtra, India - 24 August 2019
Pune, Maharashtra, India. Credit: Shutterstock/Sandeep Gore

Allianz is to sell its 26% stake in its Indian non-life and life insurance joint ventures to Bajaj Group for a total consideration of €2.6bn, subject to obtaining necessary regulatory approvals.
Allianz said it has entered in...

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Tony DowdingMarch 18, 2025
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