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India: PE giant KKR to buy 10% stake in Shriram General Insurance

India: PE giant KKR to buy 10% stake in Shriram General Insurance

REUTERS/Brendan McDermid

Private equity firm KKR on Monday said it will acquire a 9.99% stake in Shriram General Insurance, at a time when more Indians are rushing to buy health insurance to protect themselves and their families. 

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