Bharti Group Considers Selling Majority Stake in Insurance Business to Prudential
Executives discussing insurance acquisition in a sunlit office, city skyline background.
Key Highlights
Bharti Group is reportedly in discussions to sell up to 85% of its life insurance business to Prudential Plc in a deal estimated at ₹7,000-8,000 crore, potentially marking Bharti’s exit from the life insurance sector.
Bharti Group is engaged in talks to potentially sell a significant portion of its life insurance business to Prudential Plc, with discussions centering on a stake of up to 85%. The potential deal is estimated to be worth between ₹7,000-8,000 crore.
If the sale materializes, it would signify Bharti’s departure from the life insurance segment. For Prudential, the acquisition would represent a considerable expansion of its footprint in India’s growing market.
The discussions between the two entities are currently ongoing, with due diligence processes underway.