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VERIFIEDET Finance·neutral

Competition Commission okays BNP Paribas-IndiaFirst Life Insurance deal

AI Summary
  • ·Competition Commission of India approved BNP Paribas Cardif's proposal to acquire a 26% stake in IndiaFirst Life Insurance Company Ltd.
  • ·The stake will be purchased from private equity company Warburg Pincus.
  • ·CCI also authorized Crystal Crop Protection Ltd to acquire FMC India Pvt Ltd.
LICI
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