Prudential Bharti Life Insurance Deal: 75% Stake for ₹3,500 Cr
Why in the news
Prudential plc revealed a plan to take a controlling 75% holding in Bharti Life Insurance Company Limited, a notable move in India’s life insurance sector.
Key facts
- Buyer: Prudential plc.
- Target: Bharti Life Insurance Company Limited.
- Stake: 75%.
- Value: ₹3,500 crore.
- Sellers: Bharti Life Ventures and funds managed by 360 ONE Asset Management.
- Condition: subject to regulatory approvals and customary conditions.
Deal summary
| Item | Detail |
|---|---|
| Acquirer | Prudential plc |
| Company | Bharti Life Insurance Company Limited |
| Share bought | 75% |
| Price | ₹3,500 crore |
| Selling parties | Bharti Life Ventures, 360 ONE funds |
Exam angle
- Stake and value pair: 75% for ₹3,500 crore.
- Status: not final until regulatory approvals arrive.
- Sellers to remember: Bharti Life Ventures and 360 ONE Asset Management funds.