“City-based Star Health & Allied Insurance Company Ltd., the country’s first standalone health insurance firm, is set to change hands,” reported The Hindu. “Safecrop Holdings Pvt. Ltd., a consortium comprising WestBridge AIF, Rakesh Jhunjhunwala and Madison Capital, has signed definitive agreements with the shareholders of Star Health & Allied Insurance Company Ltd. to buy out their shares in Star Health.”
AZB & Partners advised
2018-08-16
Deal value: Not disclosed
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