1. General
  2. Others

  3. Others

L&T Finance plans to acquire Pantaloon retail's stake in insurance JV: reports

India Infoline News Service | Mumbai | November 07, 2012 10:13 IST

Reports stated that a formal announcement is expected within the next 2-3 weeks.

L&T Finance Holdings, the financial services arm of L&T, is planning tobuyout Pantaloon Retail's stake in the latter's general insurance joint venture Future Generali India Insurance Company, according to reports.

Reports stated that a formal announcement is expected within the next 2-3 weeks.

Currently L&T General Insurance Company is a wholly-owned subsidiary of parent L&T, founded two years ago, says report.









 

 
 
 
Recent Reports
News