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Thread: HDFC, Max group merge life insurance businesses to create company worth Rs 67,000 crore

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9th August 2016 #1
IndiaInsurance

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HDFC, Max group merge life insurance businesses to create company worth Rs 67,000 crore

As per the agreed valuation and exchange ratio, the relative valuation of HDFC Life and Max Life would be 69 per cent and 31 per cent, respectively.

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