BNP Cardif Is Said to Near Deal for Warburg Pincus Stake in IndiaFirst Life Insurance

BNP Paribas SA’s insurance unit is nearing a deal to buy a minority stake in IndiaFirst Life Insurance Co., according to people familiar with the matter, potentially expanding the bank’s...

By Baiju Kalesh, Manuel Baigorri · Bloomberg

BNP Paribas SA’s insurance unit is nearing a deal to buy a minority stake in IndiaFirst Life Insurance Co., according to people familiar with the matter, potentially expanding the bank’s presence in South Asia.