Friday, November 21, 2008

HDFC buys out Chubb in insurance JV

HDFC bought out the 26% stake of Chinese insurance major in the JV whose book value expected to be around Rs100 crores would make the deal worth Rs 26 crore.The General Insurance Venture was set up in 2001.

amawriter.blogspot.com/2007/05/hdfc-buys-out-chubb-in-insurance-jv_16.html