Gulf Sovereign Funds Support ICICI Lombard Offering
Posted on 09/15/2017
A number of sovereign wealth funds have anchored an investment into ICICI Lombard General Insurance Co., India’s largest private sector non-life insurer. ICICI Lombard recently had its initial public offering (IPO), offering 61.67 million shares—excluding the anchor allotment—received bids for 16.67 million shares. Formed in 2001, ICICI Lombard is a joint venture of ICICI Bank […]
- Abu Dhabi Investment Authority
- Bank
- Blackrock
- Deals
- Fairfax Financial Holdings
- ICICI
- ICICI Lombard
- India
- Insurance
- Kuwait Investment Authority