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Sumitomo Mitsui Trust Bank to exit Reliance Capital

By Ankit Doshi

  • 18 Jul 2017
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Sumitomo Mitsui Trust Bank to exit Reliance Capital
Credit: Shah Junaid/VCCircle

Japan’s Sumitomo Mitsui Trust Bank Ltd will sell its entire stake in Anil Ambani-controlled Reliance Capital Ltd, exiting its two-year-old investment in the diversified financial services firm, two people aware of the development told VCCircle.The transaction, scheduled via a block deal on Wednesday, will include the sale of 7 million ......

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