Bajaj Finserv Shares Decline 2% Following Acquisition Of Allianz’s 26% Stake In Bajaj Allianz
The company’s decision to buy Allianz SE’s 26% joint venture share in Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance resulted in a 2% decline in Bajaj Finserv stock prices. Bajaj Finserv strengthened its insurance market presence through complete ownership acquisition of its two entities Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance….