Mergers & Acquisitions Mergers & Acquisitions

Temasek, Motilal Oswal cleared to acquire shareholding in Bupa’s Indian health insurance JV

By Freny Patel
  • 12 Dec 2023 23:42
  • 12 Dec 2023 23:42
Singapore's state-investment arm Temasek Holdings and Indian domestic mutual fund Motilal Oswal have both received merger clearance from India’s competition watchdog to separately acquire a stake in Niva Bupa Health Insurance Company.
Niva Bupa is a joint venture between Indian private equity company True North and the UK-headquartered international healthcare-services

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Freny Patel


Freny has been covering antitrust law, M&A and regulations for over a decade, serving as Asia editor at Policy and Regulatory Report. Prior to joining as an editor at Mergermarket, she headed the banking bureau of a leading Indian financial daily, Business Standard. When India privatized the insurance sector, she had her own column in The Observer.

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