Warburg Pincus said to lead race to buy 26% stake in insurer IndiaFirst

Warburg Pincus said to lead race to buy 26% stake in insurer IndiaFirst

Photo: Reuters

Private equity giant Warburg Pincus Llc has emerged as the front runner to buy Legal and General Group Plc.’s 26% stake in IndiaFirst Life Insurance Co. Ltd, two people aware of the development said.

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