Mumbai, India (CU)_ Generali insurance has reached an agreement with Future Enterprises to acquire a majority stake in both its life and property and casualty joint ventures in India. As part of the agreement with Future Enterprises, Generali will acquire a 25% stake in Future Generali India Insurance (FGII) for approximately €145 million. When the transaction is completed, Generali will own approximately 74% of FGII shares, which is one of the rapidly growing general insurance companies in the nation.
Generali has also agreed to acquire nearly 16% stake from…Read More
