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LIC Housing sells 18.3% stake in LIC MF to Nomura

Posted on: June 15th 2009 in Stock News.

LIC Housing Finance today sold 18.3 per cent of stake in LIC Mutual Fund to Japanese Financial services company, Nomura, expecting to garner Rs 138-crore.”As per the agreement between LIC and Nomura, we are selling 18.3 per cent out of the total stake of 38.3 per cent in LIC Mutual …

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