Reliance Capital offers to sell stake in asset management firm to Nippon Life Insurance

Reuters 

(Reuters) - Capital Ltd said on Thursday it had asked partner to buy its entire 42.88 percent stake in Nippon Life Asset Management Ltd.

Japan's already holds a 42.88 percent stake in Nippon Life Asset Management, the country's first listed mutual fund company.

(Reporting by in Bengaluru; Editing by Subhranshu Sahu)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, February 21 2019. 12:21 IST