Japan's Nippon may buy 26% in Reliance Life for $724 mn

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12th March 2011 08:49 AM
IndiaInsurance

Japan's Nippon may buy 26% in Reliance Life for $724 mn

Nippon Life Insurance is in talks with Reliance Capital, controlled by Anil Ambani, to acquire a 26% stake into the company's life biz subsidiary for $724 mn.

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