News From Press RCap invites Nippon Life to acquire its stake in asset management JV

RCap invites Nippon Life to acquire its stake in asset management JV

Source: Economic Times Feb 22, 2019

Anil Ambani-led Reliance Capital on Thursday said it has invited Nippon Life Insurance to acquire up to 42.88 per cent, which is its entire stake, in Reliance Nippon Life Asset Management (RNAM).

Japan's Nippon Life Insurance Co Ltd. already holds 42.88 per cent stake in RNAM.

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