News From Press Standard Life sells 5% stake in HDFC Life for Rs 5,750 crore

Standard Life sells 5% stake in HDFC Life for Rs 5,750 crore

The US-based Capital Group is among the buyers which picked up shares of the insurance firm.

Economic Times Oct 31, 2019

UK's Standard Life on Wednesday divested 4.95 per cent stake in HDFC LifeNSE 3.55 % Insurance Company for a little over Rs 5,750 crore through open market transactions.

The US-based Capital Group is among the buyers which picked up shares of the insurance firm.

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