Niva Bupa well placed to ride growth in health insurance
Niva Bupa Health Insurance, a standalone health insurance company, plans to raise Rs 800 crore through fresh equity to augment the capital base and Rs 1,400 crore through an offer for sale by the promoter group. The stake of Bupa Singapore Holdings will fall to 56% from 62.2% after the IPO while private equity firm…
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