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Federal Bank to acquire 4% stake in Ageas Federal Life for ₹97.44 crore – CNBC TV18

[ad_1] Private sector lender Federal Bank Ltd on Tuesday (March 25) said it has signed a binding memorandum of understanding (MoU) with Ageas Insurance International NV and Ageas Federal Life Insurance Company Limited (AFLIC) to acquire a 4% equity stake in AFLIC for ₹97.44 crore. The acquisition will increase Federal Bank’s stake in AFLIC from […]

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