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Question
Which is the life insurance company that is acquiring the Exide Life Insurance Company for Rs 6,887 crore in a stock and cash deal?
Options:
A .  Max Life Insurance
B .  HDFC Life Insurance
C .  SBI Life Insurance
D .  LIC
Answer: Option B

The Private sector life insurer HDFC Life has announced to acquire a 100 per cent stake in Exide Life Insurance Company in a stock and cash deal, for Rs 6,887 crore.



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