IME General and Prudential Insurance to start joint transaction from May 10

May 01, 2023 10:20 AM Merolagani



IME General Insurance (IGI) and Prudential Insurance are set to start joint transactions from May 10 following their merger.

The joint entity will be rebranded as IGI Prudential Insurance.

The Securities Board of Nepal (SEBON) approved the merger on April 25.

IME General and Prudential Insurance signed a merger agreement on February 10 with a swap ratio of 1:1.




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