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Financial services space buzzing with M&A activity

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  • Published On: March 22, 2011
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The calendar year 2011 may prove to be a year of consolidation for the financial services space. Two important deals that recently concludes are Japanese insurer Nippon Life buying 26 per cent in Reliance Life Insurance for Rs 3062 crore and Goldman Sachs acquiring small-sized fund house Benchmark Asset Management for around Rs 130 crore.
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