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HDFC ERGO to acquire L&T General Insurance for Rs 551 crore

HDFC ERGO to acquire L&T General Insurance for Rs 551 crore

Fri, Jun 03, 2016

"Considering the importance of scale in the insurance business, consolidation within the industry is inevitable. This transaction marks the beginning of this consolidation phase," HDFC Chairman Deepak Parekh said in a statement.

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