BNP Paribas Cardif, the insurance arm of BNP Paribas, is in late-stage negotiations to acquire Warburg Pincus’ 26% stake in IndiaFirst Life Insurance Company, reported Bloomberg, citing sources. The deal could value the Indian life insurer at around $350m, the report said. Sources told the publication that while talks are advanced and an agreement may be reached in the near term, nothing has been finalised yet. IndiaFirst Life Insurance was established in 2009 as a subsidiary of Bank of Baroda. Its or ...