Edelweiss Financial Services to sell its 70% stake in insurance broking JV for Rs 307.60 crore

"The company has entered into an agreement... to divest its entire shareholding (currently 70 percent) in Edelweiss Gallagher Insurance Brokers Ltd, a subsidiary, engaged in the business of insurance broking to Arthur J Gallagher Co...," Edelweiss Financial Services said in a regulatory filing.

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