HDFC will acquire a majority stake in Apollo Munich Health Insurance for Rs 1,347 crore following a deal with the company's promoter Apollo Hospitals group. Once it is approved by the housing and insurance regulators and the competition commission, HDFC plans to merge the health insurer with its own non-life subsidiary HDFC Ergo.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2FoHsVQ
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