Global investors queue up for LIC IPO anchor book

Global investors including Blackstone, BlackRock, Abu Dhabi Investment Authority, Government of Singapore Investment Corp and Capital International are understood to have held preliminary discussions regarding anchor book allocation in the proposed initial public offering of Life Insurance Corporation of India (LIC), government and banking. is of. officials told ET. Canada’s pension managers such as the … Read more

Allcargo is in talks to sell its project logistics business

Project Logistics is in final talks to sell its business as the company aims to restructure its business, focusing on the core segment with an asset-light model, said a knowledgeable person. “The company will have an update in December, possibly upon signing the term sheet with the buyer,” the person said on condition of anonymity. … Read more