India's Future Generali Life Insurance sells 22.5% stake to IITL
Industrial Investment Trust (IITL) will acquire a 22.5% stake in the life insurance unit of India's Pantaloon Retail, Future Generali India Life Insurance (FGLI).
In a regulatory filing, Pantaloon Retail revealed it had entered a share purchase agreement with IITL, a registered non-banking financial company (NBFC) which also makes private equity investments. Post...
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