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Muthoot Finance completes acquisition of Muthoot Insurance Brokers Pvt Limited

Muthoot Finance completes acquisition of Muthoot Insurance Brokers Pvt Limited

Jun 21, 2016, at 09:46 pm

Kochi, June 21 (IBNS) Muthoot Finance Ltd on Tuesday announced that it has successfully completed the acquisition of Muthoot Insurance Brokers Pvt Limited (MIBPL) by transfer of equity shares from its existing shareholders for a consideration of Rs. 20 crores, making MIBPL a wholly owned subsidiary of Muthoot Finance.