ICICI holding firm put on hold

The Telegraph
1st Feb 2008

"In June last year, ICICI Bank had announced that five investors would be picking up a 5.9 per cent stake in the holding company for Rs 2,650 crore. The stake purchase valued the company at Rs 44,600 crore on a post-issue basis. Though ICICI Bank did not divulge the identity of these investors, unconfirmed reports put them as Temasek, Government of Singapore Investment Corp, Crown Capital, Capital International and Legatum Capital."

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