business
Prudential seals deal to acquire 75% of Bharti Life
Key takeaways
- The agreed upfront payment is Rs35bn ($363.5m), to be paid in cash at completion.
- The agreement also allows for additional consideration of up to Rs7bn, depending on whether certain conditions are met.
- The statement came after earlier reports about the proposed sale.
Prudential seals deal to acquire 75% of Bharti Life Vidhya Edwards Munnangi Mon, May 18, 2026 at 4:22 PM GMT+7 2 min read BHARTIARTL.BO Prudential has struck a deal to purchase a 75% holding in Bharti Life Insurance Company from Bharti Life Ventures and 360 ONE Asset Management.
The agreed upfront payment is Rs35bn ($363.5m), to be paid in cash at completion. The company said the purchase will be financed through existing resources.
The agreement also allows for additional consideration of up to Rs7bn, depending on whether certain conditions are met.
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