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Japan’s Tokio Marine unit plans Saudi IPO listing

Japan’s Tokio Marine unit plans Saudi IPO listing

Tokio Marine Middle East, an Islamic insurer, has gotten regulatory approval to list up to 30 percent of its shares on the Saudi stock exchange, according to a statement on Monday.

February 27, 2012 1:10
 

India’s Reliance Cap eyes Gen Insurance stake sale in 6 months

Indian financial services firm Reliance Capital is in talks with potential partners to sell up to 26 percent in its general insurance business though a deal may be at least six months away, its chief executive told reporters late on Sunday.

December 12, 2011 1:18