OTHER GROUP COMPANIES
market

Exide Inds may sell 26% stake in life insurance unit: report

Reports stated that the company is looking for equity partner in its life insurance business.

August 02, 2013 4:59 IST | India Infoline News Service

According to reports, Exide Industries is in talks with Manulife Financial Corp as well as Samsung Life Insurance Co to sell a 26% stake in its life insurance unit, according to reports.

Reports stated that the company is looking for  equity partner in its life insurance business.

Exide is seeking capital for investment.

OPEN A DEMAT ACCOUNT & Get
FREE Benefits Worth 5,000

FEATURED ARTICLE

BLOGS

Open Demat Account
  • 0

    Per Order for ETF & Mutual Funds Brokerage

  • 20

    Per Order for Delivery, Intraday, F&O, Currency & Commodity