Carlyle arm CA Emerald to sell 3.5% stake in SBI Life - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Carlyle arm CA Emerald to sell 3.5% stake in SBI Life

The Washington-headquartered buyout group had acquired a 9 per cent stake in SBI Life Insurance in March 2019 for about $652 million in one of its biggest investments in India. The private equity firm purchased the stake from BNP Paribas Cardif SA.

from Stocks-Markets-Economic Times
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