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Thursday, May 30, 2019

India’s Ambani Weighs Selling Reliance General Insurance to Reduce Debt

Beleaguered Indian tycoon Anil Ambani is in talks to sell his group’s general insurance unit to a shadow lender, people familiar with the matter said, as he seeks to reduce debt. Reliance Capital Ltd., controlled by Ambani, is discussing the …

from News – Insurance Journal http://bit.ly/2QyS3BL
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