Germany’s DEG acquires 20% stake in TPL Insurance Ltd
MG News | April 22, 2021 at 10:28 AM GMT+05:00
April 22, 2021 (MLN): TPL Insurance Limited (TPLI), has announced that DEG –Deutsche Investitions- und Entwicklungsgesellschaft mbH, a wholly-owned subsidiary of KfW Group based in Cologne, Germany, a major development finance institution, has made an investment in TPLI and acquired a 20% shareholding in the same.
The aforesaid information was disseminated by TPLI, a wholly-owned subsidiary of TPL Corp Limited, through notice to PSX.
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