Carlyle clocks stellar returns from partial exit in SBI Life

By Ankit Doshi

  • 19 Nov 2019
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Credit: 123RF.com

Private equity firm Carlyle, which had acquired a minority stake in SBI Life Insurance Company Ltd earlier this year, has clocked spectacular returns by selling part of its holding in the insurer. Carlyle sold a third of its 9% stake in SBI Life on Tuesday for Rs 2,816 crore ($393 million ......

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