Stakes News
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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