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business bajaj group seeks cci approval for rs 24 180 cr allianz stake buy

Bajaj Group Seeks Cci Approval For Rs 24,180-cr Allianz Stake Buy

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Bajaj Group entities are seeking CCI approval to acquire Allianz SE's 26% stake in their life and general insurance ventures for 24,180 crore. This acquisition will increase Bajaj Group's ownership to 100%, ending their 24-year partnership, and allowing both entities to pursue independent growth in India's insurance market.

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