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Reliance Capital to sell 100% stake in Reliance Securities in management buyout
October 11, 2019 | By Livemint.com
business
Reliance Securities enters into agreement to buy broking and distribution business from Reliance Capital .Management buyout transaction is part of ongoing asset monetisation plan, says a Reliance Capital spokesperson
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Mumbai: Anil Ambani-controlled Reliance Capital Ltd on Friday said that the existing management team of its broking business - Reliance Securities group - has entered into a binding agreement for buying out the broking and distribution business from Reliance
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