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Sundaram Finance inks pact to divest 40% stake in Royal Sundaram

Sundaram Finance has signed an agreement with Ageas International to divest 40% stake in Royal Sundaram for a total consideration of Rs 1,520 crore.

Sundaram Finance, headquartered in Chennai, is a leading player in Retail Finance with presence across multiple facets of the Financial Services industry including Vehicle Finance, Home Finance, Mutual Fund, General Insurance and Financial Services Distribution.

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