LIC clarifies on ManipalCigna stake acquisition buzz; here’s ... - Mint
10 hours ago · Stock Market Today: Public sector insurer, Life Insurance Corporation of India (LIC), in an exchange filing on Thursday, November 28 clarified on a recent news item regarding a potential 50% stake ...
LIC’s acquisition of ManipalCigna could shake-up the health …
11 hours ago · LIC’s reported move to acquire a 50 percent stake in ManipalCigna Health Insurance could disrupt the health insurance sector while unlocking fresh growth avenues for the state-owned insurer ...
Healthy ambitions: LIC eyeing ManipalCigna - The Economic Times
21 hours ago · LIC plans to buy half of ManipalCigna Health Insurance. The deal could be worth ₹4,000 crore. This move will let LIC enter the health insurance market. ManipalCigna is a joint venture between Manipal Group and Cigna Corporation. Both will reduce their stakes if the deal happens. LIC's managing director hinted at this acquisition during an earnings call.
LIC shares surge over 2% on discussions to acquire 50% stake in ...
15 hours ago · LIC share price: State-owned LIC's shares rose 2.4% on news of a potential 50% stake acquisition in ManipalCigna Health Insurance. This move would mark LIC's entry into the health insurance sector, diversifying its portfolio. The deal, potentially valuing ManipalCigna around Rs 4,000 crore, aligns with LIC's stated goal of acquiring a …
LIC in talks to acquire 50% stake in ManipalCigna Health Insurance
14 hours ago · Life Insurance Corporation of India (LIC), the country’s largest insurer, is in advanced discussions to acquire up to 50 per cent of the stake in ManipalCigna Health Insurance, marking its strategic entry into the health insurance sector, reported The Economic Times citing sources. This move is seen as a significant step for LIC as it seeks to expand its footprint into the market for medical ...
LIC Issues Clarification On Reports Of Stake Acquisition In ...
9 hours ago · Recent reports suggested that LIC was in discussions to acquire stake in ManipalCigna Health Insurance, that could value the health insurer at approximately Rs 4,000 crore.
'No material event at this stage': LIC clarifies on ManipalCigna ...
11 hours ago · LIC raises stake in Patanjali Foods to 5.02% via open market purchase While the Economic Times report suggested that LIC and ManipalCigna had signed a non-disclosure agreement and were progressing with discussions, LIC did not confirm any specifics on the deal. Siddhartha Mohanty, LIC’s Managing Director and CEO, had earlier mentioned in a November 8 earnings call that the company was ...
LIC shares gains as reports hint firm eyeing 50% stake in ManipalCigna …
15 hours ago · ManipalCigna Health Insurance is a joint venture between Bengaluru-based Manipal Education & Medical Group. English. Hindi; ... Reproduction of news articles, photos, videos or any other content ...
LIC targets 50% in ManipalCigna to enter health ... - Moneycontrol
18 hours ago · Home News Business LIC targets 50% in ManipalCigna to enter health insurance space: ... ManipalCigna is a joint venture between the Bengaluru-based Manipal Education & Medical Group, which holds ...
Explained: Why LIC share price gained nearly 4% in early trade
14 hours ago · News Business Explained: Why LIC share price gained nearly 4% in early trade . Explained: Why LIC share price gained nearly 4% in early trade ... ManipalCigna Health Insurance is a joint venture between the Manipal Group, which holds a 51% stake, and Cigna Corporation, which owns 49%. An Economic Times report suggested both parties have signed ...
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