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Best’s News & Research Service subscription required - June 06, 2016 11:13 AM (EDT)

HDFC Ergo Acquires L&T General Insurance for US$82.6 Million

HDFC Ergo General Insurance Co. Ltd. has agreed to fully acquire L&T General Insurance Co. for 5.51 billion rupees (US$82.6 million) in cash, marking the first merger of local insurance companies . . .

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