Reliance Capital plans to take over Indian fin firm
MUMBAI |
MUMBAI Nov 27 (Reuters) - Indian financial services firm Reliance Capital (RLCP.BO) said on Friday it plans to take a majority stake in Mumbai-based Quant Capital Group.
Financial details were not disclosed.
Quant Capital focuses primarily on the institutional cash equities and equities derivatives business, Reliance Capital said in a statement. (Reporting by Pratish Narayanan; Editing by John Mair) ((pratish.narayanan@thomsonreuters.com; +91 22 6636 9202; Reuters Messaging: pratish.narayanan.reuters.com@reuters.net)) ((If you have a query or comment on this story, send an email to newsfeedback.asia@thomsonreuters.com))
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