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2 years ago

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LIC IPO: Leading Sovereign Wealth, Pension Funds Show Interest; Know Details

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LIC IPO: Leading Sovereign Wealth, Pension Funds Show Interest; Know Details

LIC IPO: Leading sovereign funds, including Abu Dhabi Investment Authority, Singapore-based GIC, three Canadian pension funds and Qatar Investment Authority, have shown interest to be anchor investors in Life Insurance Corporation's (LIC) upcoming IPO, according to an ET report. The initial public offering (IPO) is expected to be launched by the end of this month. It will allocate 60 per cent of the qualified institutional buyers' (QIBs) portion to anchor investors on a discretionary basis

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LIC IPO: Leading Sovereign Wealth, Pension Funds Show Interest; Know Details

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