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Avenue Capital Group, State Bank of India, based in New York, a branch of the GIC of Singapore, and Federal Bank will sell 105.4 million shares, a 32.57% interest in Asset Reconstruction Company (India) LTD (Arcil), which marks the first public offer in India in India. The company submitted its concept of Red Herring Prospectus […]
Avenue Capital Group, State Bank of India (SBI), Singapore’s GIC -Onderwentom of Turn -Investment and Federal Bank will sell a total of 10.54 crore shares in Arcil LTD in what the first initial public offer (IPO) will be for a bad loanaggregator in India. The company submitted its concept of Red Herring Prospectus (DRHP) to […]
