July 6, 2020 / 4:07 AM / in a month

BRIEF-Prism Johnson Approves Divestment Of Raheja QBE General Insurance

July 6 (Reuters) - Prism Johnson Ltd:

* APPROVES DIVESTMENT OF 51% OF PAID-UP EQUITY SHARE CAPITAL IN RAHEJA QBE GENERAL INSURANCE

* DIVESTMENT FOR AN AGGREGATE CONSIDERATION OF 2.90 BILLION RUPEES

* DIVESTMENT WILL TERMINATE CO’S JV WITH QBE IN GENERAL INSURANCE BUSINESS IN INDIA Source text for Eikon: Further company coverage:

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