Carlyle set to buy 'strategic stake' in SBI Life Insurance, says report
Updated : December 18, 2018 09:47 AM IST
US private equity firm Carlyle is likely to face stiff competition from peers such as KKR and Singapore's Temasek Holdings, the report said.
The talks are for BNP's 22 percent stake in SBI Life and the French insurer is likely to sell up to 10 percent stake in the first tranche, said the report.
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