Competition Commission of India (CCI) approves Prudential Corporation Holdings Ltd's ₹3,500 crore acquisition of 75% stake in Bharti Life Insurance

Key facts

• The Competition Commission of India (CCI) has approved Prudential Corporation Holdings Ltd's acquisition of certain equity shareholding in Bharti Life Insurance Company Ltd.
• Prudential plc announced in May 2026 that it would acquire a majority 75% stake in Bharti Life Insurance for ₹3,500 crore from Bharti Life Ventures Pvt Ltd and 360 ONE Asset Management.
• The transaction involves an initial cash consideration of ₹3,500 crore (about $389 million) payable on completion.
• Post completion, Prudential's Indian operations will comprise majority-owned Bharti Life Insurance Company and Prudential HCL Health Insurance Ltd.
• Prudential currently holds around 22% stake in its life insurance venture with ICICI Bank.
• As part of the transaction, Prudential will need to reduce its holding in the existing ICICI venture to meet regulatory requirements.
• Bharti Life will look into securing strategic distribution agreements with Bharti Airtel and 360 ONE.