Carlyle to sell remaining 1.9% stake in Indian life insurer SBI Life

Carlyle to sell remaining 1.9% stake in Indian life insurer SBI Life

Photo: Reuters

US private equity major The Carlyle Group is selling its remaining 1.9% stake in life insurer SBI Life Insurance Co. Ltd through block trades on the stock exchanges for around $289 million, according to deal terms seen by Mint.

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