India: CCI okays acquisition of Bharti AXA by ICICI Lombard

India: CCI okays acquisition of Bharti AXA by ICICI Lombard

Photo: Reuters

The Competition Commission of India (CCI) approved acquisition of General Insurance Business of Bharti AXA General Insurance Company Limited (Bharti AXA) by ICICI Lombard General Insurance Company Limited (ICICI Lombard) under Section 31(1) of the Competition Act, 2002, the Ministry of Corporate Affairs said in a statement.