Regulatory approval could push Axa’s sale of Indian business into 2022: Jefferies

French insurer Axa’s planned sale of its interest in Indian carrier Bharti Axa GI to ICICI Lombard  – in a deal valued at Eur521mn ($615.2mn) – could be delayed until 2022 as a result of the regulatory approval required, Jefferies analysts have said.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Andy Stone

Sales manager

+44 (0) 77 4160 9204

andy.stone@wbmediagroup.com

    Ricky Lamey

    Business development executive

    ricky.lamey@thomsonreuters.com