Sunday, April 29, 2007

Citi, Lehman lead race for India's IFCI stake: paper

(Reuters) - "Offers made by Citi and Lehman are more attractive than others. A decision over the stake sale is expected by the month-end," the newspaper quoted an unnamed investment banker, who it said was directly involved in the deal.

A Citigroup spokesman could not comment immediately, while officials at Lehman and IFCI could not be reached.


Read more at Reuters.com Business News

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