Analyst Research

Report Title Price
Provider: Thomson Reuters Stock Report
$25.00
Provider: Reuters Investment Profile
$20.00
Provider: Wright Reports
$75.00
Provider: Motilal Oswal Securities Ltd.
$104.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Exide Industries Ltd Announces Acquisition Of ING Vysya Life Insurance Company Limited


Friday, 22 Mar 2013 03:29am EDT 

Exide Industries Ltd announced that the Company previously held 50% of the Equity Shares of ING Vysya Life Insurance Company Limited (IVL). The Company has pursuant to regulatory approvals on March 22, 2013 acquired the remaining 50% of the equity capital of IVL (26% from ING Group, 16.32% from the Hemendra Kothari Group and 7.68% from the Enam Group) for an aggregate consideration of approximately INR5.5 billion. Consequently, ING Vysya Life Insurance Company Limited has now become a 100% subsidiary of Exide. 

Company Quote

176.35
-4.7 -2.60%
5:16am EST