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Prudential to sell more shares in ICICI Prudential Asset's India IPO, offer to open Dec. 12
Dec 5 (Reuters) - British insurer Prudential will sell more shares than initially planned in a initial public offering by ICICI Prudential Asset Management Company in India, with the offering set to open for bids next week.
Prudential will sell up to 49 million shares in the IPO, compared with a July plan to sell up to 17.7 million shares, ICICI Prudential Asset Management said in a filing late Friday.
The three-day share sale will open on December 12, with anchor investors bidding a day earlier on December 11. (Reporting by Kanjyik Ghosh in Barcelona; Editing by Louise Heavens)
Latest PRU News
- UK shareholder meetings calendar - next 7 days
21 May 2026 - Prudential buys 75% of Bharti Life Insurance, eyes Airtel partnership
18 May 2026 - LONDON BRIEFING: Anglo American sells Australia steelmaking coal mines
18 May 2026 - Prudential to snap up controlling stake in Indian life insurer
18 May 2026 - Prudential plans to acquire 75% stake in Bharti Life Insurance
17 May 2026 - UK dividends calendar - next 7 days
6 May 2026 - Prudential confident of meeting targets after sales and profit growth
29 Apr 2026 - Prudential reports another quarter of new business profit growth, shares fall
29 Apr 2026
Related News
Prudential buys 75% of Bharti Life Insurance, eyes Airtel partnership
(Alliance News) - Prudential PLC on Monday said it is buying 75% of Bharti Life Insurance Co Ltd, in an effort to reposition its Indian operations.
LONDON BRIEFING: Anglo American sells Australia steelmaking coal mines
(Alliance News) - Anglo American has agreed a near USD4 billion to sell a portfolio steelmaking coal mines, Prudential has acquired a majority stake i...
Prudential News
Prudential buys 75% of Bharti Life Insurance, eyes Airtel partnership
(Alliance News) - Prudential PLC on Monday said it is buying 75% of Bharti Life Insurance Co Ltd, in an effort to reposition its Indian operations.
LONDON BRIEFING: Anglo American sells Australia steelmaking coal mines
(Alliance News) - Anglo American has agreed a near USD4 billion to sell a portfolio steelmaking coal mines, Prudential has acquired a majority stake i...
Prudential to snap up controlling stake in Indian life insurer
(Sharecast News) - Prudential is to acquire a majority stake in India's Bharti Life Insurance, the blue chip confirmed on Monday.
Prudential plans to acquire 75% stake in Bharti Life Insurance
May 17 (Reuters) - Prudential on Sunday said it has agreed to acquire a 75% stake in Bharti Life Insurance Company, from Bharti Life Ventures and 3...
Prudential confident of meeting targets after sales and profit growth
(Alliance News) - Prudential PLC on Wednesday said growth in the first quarter was broad-based as it reported a double-digit increase in new business ...
Prudential reports another quarter of new business profit growth, shares fall
(Sharecast News) - Prudential reported another quarter of double-digit new business profit growth on Wednesday, with higher sales and improved margins...
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