News Asia05 Oct 2017

India:GIC Re to launch insurance industry's biggest IPO on 11 Oct

05 Oct 2017

India's only state-owned reinsurer, General Insurance Corporation of India (GIC Re), will launch its IPO next Wednesday, 11 October, aimed at raising INR115 billion (US$1.77 billion), which would make it the biggest share offer since Coal India raised INR152 billion in October 2010.

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