CCI approves acquisition of shares in SBI General Insurance by Napean Opportunities LLP

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..... CCI approves acquisition of shares in SBI General Insurance by Napean Opportunities LLP
News and Press Release
Dated:- 13-12-2019

The Competition Commission of India (CCI) approves acqui .....

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..... sition of shares in SBI General Insurance by Napean Opportunities LLP. The proposed combination relates to the acquisition of 16.01% paid up share capital of SBI General Insurance Company Limited (SB .....

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..... I General Insurance) by Napean Opportunities LLP (Napean). The Napean is a newly incorporated entity and belongs to PI Opportunities Fund - I and Azim Premji Trust. SBI General Insurance is engaged .....

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..... in the business of providing general insurance products in India. The insurance products offered include motor, health, personal accident, travel, home, aviation, fire, marine, package, construction a .....

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..... nd engineering and liability insurance. Detailed order of the CCI will follow.
News - Press release - PIB .....

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