Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag ICICI Prudential Asset Management, India's second-largest mutual fund, files for a $1.2B IPO.

flag ICICI Prudential Asset Management Company, India's second-largest mutual fund manager, has filed for an IPO. flag The offering will consist of 17.7 million shares, with Prudential Corporation Holdings selling up to 10% of its stake. flag ICICI Bank, which holds a 51% stake, plans to buy up to 2% of the shares before the IPO. flag The IPO could raise up to $1.2 billion. flag The offering is being managed by 18 merchant bankers, including global firms like Morgan Stanley and Citigroup.

13 Articles