India Expands LIC Share Sale to $3.3 Billion on Strong Demand

India Expands LIC Share Sale to $3.3 Billion on Strong Demand

India on Tuesday expanded the size of its share sale in state-run insurance giant to raise $3.3 billion after the base offer was oversubscribed, bolstering public finances amid challenges posed by high oil prices.

India on Tuesday expanded the size of its share sale in state-run insurance giant to raise $3.3 billion after the base offer was oversubscribed, bolstering public finances amid challenges posed by high oil prices.
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Bloomberg — Markets (EN)




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