HDFC LIFE INSURANCE COMPANY LIMITED 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)
HDFC Life Insurance : Standard Life Aberdeen sells 2.8% stake in HDFC Life
December 03, 2020 at 02:48 am EST
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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).
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