UPDATE 1-Insurance Australia sells SBI General stake for $432 mln
Insurance Australia Group on
Thursday said it will sell its 26% stake in India’s SBI General
Insurance for about A$640 million ($432.38 million) to
private equity firms as it trims overseas holdings to focus on
its domestic market.
Thursday said it will sell its 26% stake in India’s SBI General
Insurance for about A$640 million ($432.38 million) to
private equity firms as it trims overseas holdings to focus on
its domestic market.
Posted by Reuters
