CCI approves acquisition of certain equity shareholding in Bharti Life Insurance Company by Prudential Corporation Holdings

The Competition Commission of India (CCI) has approved the acquisition of certain equity shareholding in Bharti Life Insurance Company Limited by Prudential Corporation Holdings Limited. Prudential Corporation Holdings Limited serves as the holding company for the Acquirer Group's insurance and asset management operations in Asia, and provides management and support to its business operations in Asia and Africa. Bharti Life Insurance Company Limited is an IRDAI-licensed insurer incorporated in India that provides life insurance services.