News From Press Aditya Birla Capital says ADIA to invest Rs 665 crore in health insurance JV

Aditya Birla Capital says ADIA to invest Rs 665 crore in health insurance JV

Source: ET Aug 13, 2022

Aditya Birla Capital NSE 1.88 % on Friday said a subsidiary of Abu Dhabi Investment Authority (ADIA) would invest Rs 665 crore in Aditya Birla Health Insurance (ABHI), valuing the health insurance company at approximately Rs 6,650 crore.

Aditya Birla Health Insurance is a 51:49 joint venture between Aditya Birla Capital and Momentum Metropolitan Strategic Investments (Pty) Ltd, a wholly-owned subsidiary of South African-based Momentum ..

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