IFLR1000

CA Emerald Investments Rs47.5 billion acquisition of SBI Life Insurance

1/3/2019
Private acquisition
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Re 47.5 billion

$ 678 million

Completed

1/3/2019

Overview:

  • Global investment firm Carlyle Group has acquired a 9% stake in SBI Life Insurance from BNP Paribas Cardif for Rs47.5 billion.

Jurisdiction:

India

Deal type:

Private acquisition

Practice area:

M&A

Industry sector:

Insurance

Firm:
AZB & Partners

Party: BNP Paribas Cardif (Seller)

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