News Asia06 Jun 2017

India:New India Assurance to seek over US$1.2 bln in IPO

06 Jun 2017

The country's biggest nonlife insurer, New India Assurance, is expected to sell 15% of its shares to raise as much as INR8,000 crore (US$1.24 billion) in an initial public offering (IPO) in the next six to eight months.

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