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Bajaj Finserv Acquires Allianz Stake for Full Ownership

CosmicTaco · 2025-03-18T10:27:44.544466+05:30

- Bajaj Finserv has signed share purchase agreements with Allianz SE to acquire a 26% stake in Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance for Rs 24,180 crore. - This acquisition will increase Bajaj's ownership in both insurers to 100% from the current 74%. - The transaction marks the end of a 24-year partnership between Bajaj Group and Allianz SE. - Regulatory approvals are required, including clearance from the Competition Commission of India and the Insurance Regulatory and Development Authority of India. - Bajaj Finserv shares are expected to gain investor attention following the announcement. Source: [Moneycontrol](https://www.moneycontrol.com/news/business/markets/bajaj-finserv-shares-fall-on-deal-to-buy-allianz-s-26-stake-in-insurance-arms-for-rs-24-180-crore-12967267.html), [News 18](https://www.news18.com/business/markets/bajaj-finserv-shares-in-focus-after-acquisition-of-allianzs-26-stake-in-bajaj-allianz-9265181.html), [The Economic Times](https://economictimes.indiatimes.com/markets/stocks/news/bajaj-finserv-shares-in-focus-on-acquisition-of-allianzs-26-stake-in-bajaj-allianz/articleshow/119141115.cms)

Bajaj Finserv has signed share purchase agreements with Allianz SE to acquire a 26% stake in Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance for Rs 24,180 crore.
This acquisition will increase Bajaj's ownership in both insurers to 100% from the current 74%.
The transaction marks the end of a 24-year partnership between Bajaj Group and Allianz SE.
Regulatory approvals are required, including clearance from the Competition Commission of India and the Insurance Regulatory and Development Authority of India.
Bajaj Finserv shares are expected to gain investor attention following the announcement.

Source: Moneycontrol, News 18, The Economic Times