HDFC ERGO to buy out L&T General Insurance for $82m

HDFC ERGO to buy out L&T General Insurance for $82m

Photo: Pradeep Gaur/Mint

HDFC ERGO General Insurance Co. Ltd, the non-life insurance joint venture between HDFC Ltd and ERGO International of Germany, on Friday said that it will acquire L&T General Insurance Co. Ltd in an all-cash deal worth Rs.551 crore ($81.9 million).

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