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BRIEF-Reliance Capital says Nippon Life Insurance of Japan completes acquisition of stake in Reliance Nippon Life Asset Management
July 13, 2017 / 9:13 AM / a month ago

BRIEF-Reliance Capital says Nippon Life Insurance of Japan completes acquisition of stake in Reliance Nippon Life Asset Management

July 13 (Reuters) - Reliance Capital Ltd

* Says Nippon Life Insurance Of Japan completes acquisition of 49% stake in Reliance Nippon Life Asset Management Ltd (RNAM)

* Says Reliance Capital to book capital gains in Q3 ending september 30, 2017

* Says receives INR 3.78 billion (US$ 59 million) on completion of transaction ‍​ Source text for Eikon: Further company coverage:

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