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India's Pantaloon Retail plans to sell 22.5 pct stake in insurance venture
March 8, 2013 / 1:11 PM / in 5 years

India's Pantaloon Retail plans to sell 22.5 pct stake in insurance venture

MUMBAI, March 8 (Reuters) - Pantaloon Retail, India’s top listed retailer by sales, plans to sell a 22.5 percent stake in insurance venture Future Generali to non-banking financial company Industrial Investment Trust Ltd, it said in a statement on Friday.

The retailer did not provide any further details of the transaction. (Reporting by Nandita Bose; Editing by Subhranshu Sahu)

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