IFC-backed Angel Broking files for India IPO
Indian financial services provider Angel Broking has filed for an IPO that will raise up to INR6 billion ($83 million) and provide a partial exit to the International Finance Corporation (IFC).
The offer will include a fresh issue of shares valued at up to INR3 billion, with the rest consisting of shares from existing investors, according to a prospectus. IFC plans to sell INR1.2 billion worth...
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