Metlife increases stake in its leading life insurance joint venture

Mumbai, india & new york--(business wire)--metlife international holdings, llc has entered into a share purchase agreement with ige (india) private limited (“ige”) and elpro international limited (bse: 504000; “elpro”) to acquire their total combined shareholding of 15.27% in pnb metlife india insurance company limited (“pnb metlife”). the transaction is subject to all necessary regulatory approvals. the dabriwala family, through their companies, ige and elpro, is one of the initial investors i
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