EFU Life Assurance Limited has disclosed that it will not proceed with the proposed acquisition of 100% of the issued share capital of Waada Digital (Private) Limited, following mutual agreement between both parties.
- The decision comes after an earlier disclosure regarding the acquisition.
- The Board of Directors of EFU Life Assurance Limited has confirmed the withdrawal of the proposed acquisition.
- This development indicates a strategic shift in EFU Life's investment plans.