You are here:HomeCorporates

ING sells stake in Vysya Life Insurance

close

Amsterdam:

Dutch banking and insurance group ING said on Wednesday it has agreed to sell its 26 percent stake in Vysya Life Insurance to its joint venture partner Exide Industries.

ING said the divestment is part of its sale of all of its Asian insurance and investment management operations.

The sale of Vysya Life Insurance does not impact ING Vysya Bank, a listed Indian bank in which ING has a 44 percent stake, nor ING's fund management operations in India, ING said in a statement.

Copyright @ Thomson Reuters 2013

 

Story first published on: January 23, 2013 17:11 (IST)

Tags: Amsterdam, Insurance, Vysya Life Insurance, Exide Industries, investment management, ING Vysya Bank

MORE FROM NDTV

FROM THE WEB

MORE FROM THE WEB
MORE FROM NDTV

For Profit Update,
Follow NDTV on Pinterest

Post your comments:

Social Sharing

Advertisement

Advertisement

 

More From NDTV

More From the WEB

  • NSE
  • BSE
Company Price (Rs.) CHG %
RALLIS 180.20 8.36%
MOTHERSUMI 263.65 5.14%
BATAINDIA 1,094.85 3.72%
EICHERMOT 6,285.90 3.61%
More from Top Gainers »
Don't Miss

Advertisement

Market Data provided by © Accord Fintech.
© Copyright NDTV Convergence Limited 2014. All rights reserved.