World Markets

Carlyle Group buys 9 pct stake in India's SBI Life Insurance

Reuters

March 1 () - India'sSBI Life Insurance Ltd said on Friday CA Emerald Investments, an affiliated entity of a Carlyle Group fund, bought a 9 percent stake in the company.

Separately, BNP Paribas Cardif S.A. cut its stake in the insurer by 9.23 percent to 12.77 percent, the company (graphic).

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March 1 () - India'sSBI Life Insurance Ltd said on Friday CA Emerald Investments, an affiliated entity of a Carlyle Group fund, bought a 9 percent stake in the company.

Separately, BNP Paribas Cardif S.A. cut its stake in the insurer by 9.23 percent to 12.77 percent, the company (graphic).


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