The UK asset manager has cut its stake in the Mumbai-based subsidiary by almost 19% in the past two years, from 29.2% in December 2018. Its remaining stake stands at 8.9%.
(Reporting by Clara Denina, editing by Sinead Cruise)
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
565.8 INR | -1.83% | -4.84% | -12.55% |
LONDON (Reuters) - Asset manager Standard Life Aberdeen said on Thursday it has sold a 2.8% stake in insurance subsidiary HDFC Life Insurance Company for 172 million pounds ($230.53 million).
The UK asset manager has cut its stake in the Mumbai-based subsidiary by almost 19% in the past two years, from 29.2% in December 2018. Its remaining stake stands at 8.9%.
(Reporting by Clara Denina, editing by Sinead Cruise)
1st Jan change | Capi. | |
---|---|---|
+10.87% | 98.5B | |
+2.63% | 97.11B | |
-9.85% | 85.02B | |
+17.62% | 75.72B | |
+8.49% | 30.79B | |
+20.29% | 29.06B | |
+0.74% | 17.53B | |
+20.70% | 12.64B | |
+7.82% | 9.95B |