Just a moment...

Report
FeedbackReport
Bars
×

By creating an account you can:

Logo TaxTMI
>
Feedback/Report an Error
Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / RSS

CCI approves the proposed acquisition of 24.91% shareholding in Future Generali India Insurance by Central Bank of India

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....CI approves the proposed acquisition of 24.91% shareholding in Future Generali India Insurance by Central Bank of India <br>News and Press Release<br>Dated:- 16-10-2024<br><BR>Acquisition of 25.18% sh....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....areholding in Future Generali India Life Insurance by Central Bank of India also approved Competition Commission of India has approved the proposed acquisition of 24.91% shareholding in Future Genera....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....li India Insurance and 25.18% shareholding in Future Generali India Life Insurance by Central Bank of India. The proposed combination envisages acquisition by Central Bank of India of 24.91% equity st....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ake in Future Generali India Insurance Company Limited (FGIICL) and 25.18% equity stake in Future Generali India Life Insurance Company Limited (FGILICL) through bid/resolution plan submitted by Centr....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....al bank of India under Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016. Central Bank of India is a scheduled commercial bank. FGIICL ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....is a general insurance company. It provides personal insurance, commercial insurance, social & rural insurance etc. FGILICL is a life insurance company. It provides savings insurance, investment plan....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....s (ULIP), term insurance plans, health insurance plans, child plans, retirement plans, rural insurance plans and group insurance plans. Detailed order of the Commission will follow.<BR> News - Press ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....release - PIB....