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KM Financial Solutions | UPDATE 1-India raises $1.75 bln in IPO of reinsurer GIC Re
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UPDATE 1-India raises $1.75 bln in IPO of reinsurer GIC Re

12 Oct UPDATE 1-India raises $1.75 bln in IPO of reinsurer GIC Re

Posted at 12:19h in News by
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MUMBAI, Oct 13 (Reuters) – The Indian government raised
113.7 billion rupees ($1.75 billion) on Friday by selling some
of its shares in General Insurance Corp of India (GIC Re), the
nation’s top reinsurer, in the country’s biggest listing in
seven years.

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