Our client (Client), a leading Indian bank, was mandated to sell a certain part of their stake in an Indo-Japanese Life Insurance Joint Venture (JV) to its Japanese partner. The Client and the foreign JV partner appointed reputed valuers respectively to ascertain the value of the JV.
The Client approached Nexdigm to review the methodologies and assumptions adopted by the Bank’s valuer (Appointed Valuer) to arrive at the valuation and provide inputs for negotiations with the Japanese partner.