Medi Assist to acquire Medvantage Insurance TPA - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Medi Assist to acquire Medvantage Insurance TPA

The companies last week signed a definitive agreement towards this merger and are now awaiting approval from sector regulator Insurance Regulatory and Development Authority (IRDA) for the same, three people familiar with the matter said. The likely size of the deal is about ₹35 crore, industry insiders said. This could not be confirmed by either of the merging entities.

from Stocks-Markets-Economic Times
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