News From Press Max India sells its stake in Max Bupa but policyholders needn't worry

Max India sells its stake in Max Bupa but policyholders needn't worry

Max Bupa Health Insurance Company Ltd. is a joint venture between Max India Limited and the UK-based healthcare services expert, Bupa

Mint Dec 4, 2019

Max India Limited has informed stock exchanges that the regulator - Insurance Regulatory and Development Authority of India (IRDAI) – has given the green light to the company to sell its entire stake in Max Bupa Health Insurance Company Ltd.

Max Bupa Health Insurance Company Ltd. is a joint venture between Max India Limited and the UK-based healthcare services expert, Bupa. Max India’s entire stake in the joint venture is bought by Fettle Tone LLP, an affiliate of True North Fund VI LLP).

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