News > Qatar Insurance Company, HNIs acquire stake in IPO-bound Oyo
Qatar Insurance Company, HNIs acquire stake in IPO-bound Oyo
Business Standard | 13/01/2022 10:32 PM | Click to read full article
A clutch of buyers, including Doha-based insurer Qatar Insurance Company (QIC) and a few high-net-worth individuals (HNIs) and family offices, purchased stakes in Oyo during November and December last year, people familiar with the matter said.
As per Qatar Insurance Company’s website, it is the largest insurance company in the Middle East and North Africa (MENA) region and is listed on the Qatar Exchange with a market capitalisation of over $4 billion.