Blackstone-owned IGI, the largest diamond certifier, files for a $477M IPO ($4,000 crore) for acquisitions in Belgium and Netherlands groups.
Blackstone-owned IGI, the largest lab-grown diamond and second largest natural diamond certifier, files for a $477M IPO to raise Rs 4,000 crore. IPO to include fresh issue of Rs 1,250 crore and offer-for-sale of Rs 2,750 crore. Acquired by Blackstone in 2020, IGI operates in 10 countries and plans to use IPO proceeds for acquisitions in Belgium and Netherlands groups.
August 22, 2024
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