News From Press Race to buy Star Health hots up

Race to buy Star Health hots up

Source:ET Apr 26, 2018

Buyout firm West-Bridge Capital, which has teamed up with billionaire investor Rakesh Jhunjhunwala, is in talks to match the Rs 6,500-crore offer of ICICI Lombard for Star Health Insurance Company, said two people aware of the development.

“WestBridge Capital has sounded off shareholders of Star Health Insurance Company that it would like to match the offer of the highest bidder, that is ICICI Lombard,” said a source in the know of the development.

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