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ADIA offloads Indian lender stake

: Thursday, July 10 - 2014 @ 00:26

Abu Dhabi Investment Authority (ADIA), the emirate’s sovereign wealth funds, has sold Rs4.21bn ($70.2m) worth of shares in India’s Kotak Mahindra Bank in stock market deals on Monday, Reuters has reported. ADIA sold about 4.8 million shares at Rs874.55 a piece, according to data from the Bombay Stock Exchange.

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Thursday, July 10- 2014 @ 0:26 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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