MetLife to buy additional stake in PNB MetLife India from Dabriwala family
US insurance giant MetLife International has agreed to acquire an additional stake of 15.27% in PNB MetLife India Insurance from the Dabriwala family-owned IGE (India) and Elpro International. Upon completion of the deal, which is subject to the mandated regulatory approvals, MetLife International will increase its stake in the Indian life insurance franchise to 47.325%. […]