Manulife close to buying 26% in ING Vysya Life Insurance for $75M

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Canadian financial services major Manulife Financial is close to striking a deal to pick 26 per cent stake in ING Vysya Life Insurance Company Ltd (IVL) for $75 million (Rs 480 crore), sources privy to the development told VCCircle. Foreign direct investment is allowed up to 26 per cent at ......