Targeting to raise Rs 1.75 lakh crore from the asset sale to finance projects aimed at reviving the pandemic battered economy, the government is also looking to sell Shipping Corp of India (SCI), IDBI Bank Ltd
WeWork's board and its Chief Executive Sandeep Mathrani have been weighing offers from a SPAC affiliated with Bow Capital Management LLC and at least one other unidentified acquisition vehicle for several weeks," the report said
The offering would include equity shares aggregating up to Rs 1,500 crore and offer of sale of up to Rs 5,800 crore by the promoter BCP Topco VII Pte Ltd.
This would be the third IPO this year after IRFC which is currently open for public subscription, and Indigo Paints, which would be launched on January 20
Of the 70 anchor investors, major investors that were allotted equity shares include Small Cap World Fund with 6.62 per cent of shares, Government Of Singapore with 5.32 per cent
Saudi Aramco said it was committed to a bumper dividend even as third quarter net profits dropped to 44.21 billion Saudi riyals ($11.79 billion), compared to $21.3 billion in the same period last year
