ReferIndia News Bajaj Finserv completes acquisition of Allianz stake in insurance JVs

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Bajaj Finserv completes acquisition of Allianz stake in insurance JVs

Published on: Jan. 9, 2026, 6:08 a.m. | Source: The Economic Times

Bajaj Finserv and its promoter group have acquired a combined 97% stake in Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance from Allianz SE, concluding a 20-year partnership. The transactions, finalized through share purchase agreements, significantly increased Bajaj Finserv's direct holdings to 75.01% in both entities.

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