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Bandhan Financial Holdings (BFHL) has entered into a definitive agreement with Aegon India Holding and Bennett, Coleman & Company for the acquisition of the entire shareholding of Aegon and BCCL in Aegon Life Insurance Company. BFHL is wholly owned by Bandhan Financial Services and is the promoter of Bandhan Bank, holding around 39% stake. It also owns a 60% stake in Bandhan Asset Management.
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