Published on Atlas Magazine (https://www.atlas-mag.net)

QBE increases its shares in the capital of Raheja QBE

Magazine Issue:

Low-cost is dead, long live ultra low-cost [3]

Magazine date:

Jul 2015

The insurer QBE increases its stakes in the capital of its Indian joint venture Raheja QBE.
The Australian group plans to buy 23% shares of its partner Prism Cement to increase its stake from 26% to 49%, equivalent to 15.8 million USD.

Under the new law approved last March, this figure represents the maximum limit that a foreign insurance company may hold in the capital of an Indian company.

Fri, 21/08/2015 - 13:40

Source URL: https://www.atlas-mag.net/en/article/qbe-increases-its-shares-in-the-capital-of-raheja-qbe

Links:
[1] https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.atlas-mag.net%2Fen%2Farticle%2Fqbe-increases-its-shares-in-the-capital-of-raheja-qbe&text=QBE+increases+its+shares+in+the+capital+of+Raheja+QBE
[2] https://www.linkedin.com/shareArticle?url=https%3A%2F%2Fwww.atlas-mag.net%2Fen%2Farticle%2Fqbe-increases-its-shares-in-the-capital-of-raheja-qbe&source=Atlas Magazine&mini=true
[3] https://www.atlas-mag.net/en/issue/low-cost-is-dead-long-live-ultra-low-cost