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Canada, German firms eye Reliance Cap unit stake-paper
MUMBAI, May 25 (Reuters) - Canada's Intact Insurance and German insurer HDI-Gerling International Holdings have emerged as top contenders to buy 26 percent stake in the non-life insurance business of India's Reliance Capital, the Mint reported on Friday. The deal could be valued around 15 billion rupees ($268 million), the newspaper said, quoting two people with direct knowledge of the matter. UBS
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