Goldman Sachs in talks to acquire stake in India's Royal Sundaram

Goldman Sachs in talks to acquire stake in India's Royal Sundaram

FILE PHOTO: A sign is displayed in the reception of the Sydney offices of Goldman Sachs in Australia, May 18, 2016. REUTERS/David Gray/File Photo

Top American investment bank Goldman Sachs is in talks to acquire a stake in Royal Sundaram General Insurance Co. Ltd, the insurance business of financial services group Sundaram Finance Ltd, through one of its private equity funds, said two people aware of the development.

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