Reliance Capital Offers To Sell 43% Stake To Nippon Life Insurance

INSUBCONTINENT EXCLUSIVE:
Reliance Capital Ltd said on Thursday it had asked partner Nippon Life Insurance to buy its entire 42.88 per cent stake in Reliance Nippon
Life Asset Management Ltd.Japan's Nippon Life Insurance already holds a 42.88 per cent stake in Reliance Nippon Life Asset Management, the
country's first listed mutual fund company.