Magma HDI set for stake sale after failed PE deal with ICICI Venture, Morgan Stanley
Advertisement

Magma HDI set for stake sale after failed PE deal with ICICI Venture, Morgan Stanley

By Beena Parmar

  • 18 Apr 2023
Premium
Magma HDI set for stake sale after failed PE deal with ICICI Venture, Morgan Stanley
Adar Poonawalla | Credit: Reuters

Magma HDI General Insurance Co, which was a joint venture between Poonawalla FinCorp and German insurer HDI Global SE but is now controlled by vaccine king Adar Poonawalla, is set to see some stake change hands after a proposed deal with private equity firms ICICI Venture and Morgan Stanley PE ......

This is a Premium article. Please subscribe or log in to read the full story!

Here's a selection of our recent premium content.

Already a member? Click here to log in.
Advertisement
Advertisement