CCI clears Prudential's Rs 3,500 crore buy of 75% Bharti Life stake
CCI has cleared Prudential plc's Rs 3,500 crore ($389 million) acquisition of a 75% stake in Bharti Life Insurance from Bharti Life Ventures and 360 ONE, clearing a key regulatory hurdle. Prudential must now trim its existing 22% ICICI Prudential Life holding to stay within ownership rules.