NDTV·2 min read·medium
After Ghee, Soap And Honey, Patanjali Will Now Sell Insurance Too
✦AI Summary
Patanjali Ayurved is expanding its business portfolio by acquiring a majority stake in Magma General Insurance. The deal also involves the DS Group, which will hold a minority stake in the insurance firm.
Under the deal, Patanjali Ayurved will acquire a 73.56 per cent stake in Magma General Insurance, while the DS Group will own 24.5 per cent.
businesseconomy
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