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With about $470 mn in pocket, Goldman Sachs nears exit from Analjit Singh’s Max

With about $470 mn in pocket, Goldman Sachs nears exit from Analjit Singh’s Max

15 Sep 2017

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With about $470 mn in pocket, Goldman Sachs nears exit from Analjit Singh’s Max

Credit: Manni Das/VCCircle

Goldman Sachs has sold its remaining stake in Max Financial Services Ltd, which houses the group’s Max Life Insurance business, through an open market transaction on Friday.An investment entity associated with the firm sold shares for around Rs 660 crore ($103 million).The principal investment unit of the investment bank had ......