(Reuters) - MUMBAI, June 14 - India's largest private sector
bank, ICICI Bank , said on Thursday it will
sell up to $4.9 billion of shares next week so it can fund the
companies that will drive India's rise as an economic force.
The bank will sell two lots of shares worth 87.5 billion
rupees each in India and in the United States,
with greenshoe options for 15 percent that take the total size
to 201.25 billion rupees -- almost one-quarter of its market
value.
Read more at Reuters.com Bonds News
bank, ICICI Bank , said on Thursday it will
sell up to $4.9 billion of shares next week so it can fund the
companies that will drive India's rise as an economic force.
The bank will sell two lots of shares worth 87.5 billion
rupees each in India and in the United States,
with greenshoe options for 15 percent that take the total size
to 201.25 billion rupees -- almost one-quarter of its market
value.
Read more at Reuters.com Bonds News
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