India's Bharti Group to buy out French insurer AXA's 49% stake in JV

India's Bharti Group to buy out French insurer AXA's 49% stake in JV

REUTERS/Mick Tsikas

Bharti Group will acquire French insurer AXA’s 49% stake in Bharti AXA Life Insurance Co, the Indian conglomerate said on Wednesday, taking full control of a venture that was jointly run for nearly two decades.