InvestorQ : Can you tell me about KKR buying stake in Shriram General Insurance?
Tisha Malhotra made post

Can you tell me about KKR buying stake in Shriram General Insurance?

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Aashna Tripathi answered.
1 month ago
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Global PE investor KKR will acquire 9.99% stake in Shriram General Insurance for Rs.1,800 crore. This will assign an enterprise valuation of Rs.18,000 crore for Shriram General Insurance. The deal is subject to regulatory approvals. Post the deal, Shriram group will hold about 67.09%, Sanlam will have 22.92% and KKR will own 9.99%. Shriram General Insurance has been a sterling performer in the non-life insurance segment in India.

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