Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.
CPPIB exits SBI Life Insurance Co by selling shares worth Rs.597-Cr; registers 1.92x return
Canada Pension Plan Investment Board (CPPIB) has completely exited publicly-listed SBI Life Insurance Company Ltd on Mar 29, 2022 through a bulk deal on NSE. The sale aggregated to INR 596.53 crore and fetched CPPIB a 1.92x return on its investment.
In Mar 2019, CPPIB had invested INR 1,155 crore in SBI Life.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.