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Temasek, Motilal Oswal cleared to acquire shareholding in Bupa’s Indian health insurance JV

By Freny Patel ( December 12, 2023, 23:42 GMT | Insight) -- Singapore's state-investment arm Temasek Holdings and Indian domestic mutual fund Motilal Oswal have both received merger clearance from India’s competition watchdog to separately acquire a stake in Niva Bupa Health Insurance Company. Niva Bupa is a joint venture between Indian private equity company True North and the UK-headquartered international healthcare-services provider Bupa. Singapore's state-investment arm Temasek Holdings and Indian domestic mutual fund Motilal Oswal have both received merger clearance from India’s competition watchdog to separately acquire a stake in Niva Bupa Health Insurance Company....

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