GIC Re of India seeks raise close to US$2b from IPO

Published: 4/10/2017
GIC Re of India seeks raise close to US$2b from IPO
Source: THESTAR.COM.MY

MUMBAI: State-run reinsurer General Insurance Corp of India (GIC Re)'s initial public offering of shares next week seeks to raise as much 113.7 billion rupees (US$1.7 billion) in what will be India’s second-biggest IPO.

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