MetLife stake deal deemed approved; Bain and Olin proposals await CCI review
The Economic Times reports that MetLife International’s planned purchase from Jammu & Kashmir Bank would raise its stake in PNB MetLife by 0.5% to 50.23%. The CCI cleared the deal through its green channel.
TLDR
The Economic Times reports that MetLife International’s stake deal was deemed approved through the CCI’s green channel. Its planned purchase from Jammu & Kashmir Bank would raise its PNB MetLife holding by 0.5% to 50.23%. Bain and Olin proposals still await CCI review, the outlet says.
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