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HDFC Life acquires Exide Life in stock and cash deal worth Rs 6,687 crore

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HDFC Life acquires Exide Life in stock and cash deal worth Rs 6,687 crore

Mumbai: , the countrys largest private sector insurer, has announced the acquisition of Exide Life in a stock and cash deal that will value the enterprise at Rs 6,687 crore. The company is a wholly-owned subsidiary of battery maker Exide Industries.
The…

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