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Japan's Nippon Life picks another 22.54 pc stake in Reliance Nippon Life Asset Management

Japan's Nippon Life picks another 22.54 pc stake in Reliance Nippon Life Asset Management

Sat, Sep 28, 2019

Reliance Capital Ltd. on Friday announced successful completion of 21.54 per cent stake in Reliance Nippon Life Asset Management Ltd (RNAM) to Nippon Life Insurance of Japan (Nippon) for sale proceeds of Rs 3,030 crore ($430 million), pursuant to binding definitive agreement signed on May 23, 2019.

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Reliance Capital invites Nippon to buy 43% stake: How it may impact investors

Reliance Capital invites Nippon to buy 43% stake: How it may impact investors

Tue, Feb 26, 2019

If Nippon Life Insurance buys Reliance Capital stake in asset management business JV, much will depend on what kind of team and vision the new management adopts.

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