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View Full Version : IAG pays Rs 542 cr for 26% in SBI General Insurance



IndiaInsurance
5th December 2009, 01:20 AM
Insurance Australia Group has paid Rs 542.10 crore to pick up a 26 per cent stake in SBI General Insurance. Of this, while the equity capital is only Rs 39 crore, the balance Rs 503 crore is the share premium.

More... (http://www.thehindubusinessline.com/2009/12/05/stories/2009120553420101.htm)