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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?


To: Mohan Marette who wrote (9505)11/10/1999 4:33:00 PM
From: Mohan Marette  Read Replies (1) | Respond to of 12475
 
AIG may pick up a stake in Tata AMC

tata.com

THE $194 bn US-based insurance major, American International Group (AIG), is understood to be in talks with the Tata group to take a stake in Tata Asset Management Ltd (TAM). The Tata group is believed to be moving to buy out the 20 per cent stake in TAM held by Dresdner RCM Global Investor Holdings (UK) Ltd to enable AIG to come in. (11/11/99-ET)