View News

Promoters of Max Life negotiating non-compete fee with HDFC life

Promoters of Max Life negotiating non-compete fee with HDFC life

Earlier,HDFC Life and Max Life said they would explore options of merging their businesses to create India's biggest private life insurer.

Promoters of Max Life and Max Financial Services are negotiating 'non-compete fee' from HDFC Life, according to reports.

Earlier,HDFC Life and Max Life said they would explore options of merging their businesses to create India's biggest private life insurer.

Report says that Max Life will merge with its listed parent Max Financial Services (MFS), while HDFC Life will merge with Max Life paving the way for listing of HDFC Life.

Add Comment

Cancel reply

Your email address will not be published. Required fields are marked *