Read more about Axis Bank to acquire 9.9% stake in Max Bupa Health’s promoter entity on Business Standard. Max Bupa Health Insurance is as a joint venture between private equity group True North and Bupa.
will pick up a 9.9 per cent stake in Fettle Tone LLP, a promoter of Max Bupa Company, for Rs 90.8 crore to strengthen is insurance business. Axis, which is privately owned, said in a BSE filing it has signed agreements with Fettle Tone LLP and its partners (on March 13). Max Bupa (MBHI) is as a joint venture between private equity group True North and Bupa, a global and healthcare company.
