JUST IN
Mahindra Group, Ontario Teachers' partner to invest in renewable energy
India may soon get first Real Estate Investment Trust of retail assets: JLL
Ambuja seeks shareholders' nod for Rs 20k-cr warrants, Adani's appintment
TMC inks MoU with Balco Medical Centre to enable exchange of knowledge
We are capable of installing passenger EV charging infra in India: Siemens
WhatsApp enters filmmaking biz, to premiere 1st original on Prime Video, YT
Adani becomes India's second-largest cement player after Ambuja, ACC deal
Maharashtra FDA axe Johnson & Johnson's baby powder manufacturing license
Govt revises definition of small cos; reduced compliance burden for firms
NCLT approves merger of Exide Life with HDFC Life, holds 4.1% stake HDFC
You are here: Home » Companies » News
Kansai Nerolac Paints' Q4 net profit rises 89 pc to Rs 123.62 crore
Business Standard

Carlyle sells 4.2% in SBI Life at Rs 960 per share in pre-market deal

CA Emerald Investments, an affiliate of Carlyle Asia Partners, sold a total of 4.23 million shares for Rs 4,061 crore

Topics
Carlyle Group | SBI Life | Stake sale

BS Reporter  |  Mumbai 

SBI Life Insurance, SBI Life
Photo: Reuters

Private equity (PE) major Carlyle on Friday sold 4.2 per cent in SBI Life Insurance Company. The share sale was done on BSE’s pre-market block window at Rs 960 per share.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.
OR
Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.


We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Read our full coverage on Carlyle Group

First Published: Fri, May 07 2021. 20:03 IST

`
.