LIC woos global investors for IPO via roadshows

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A day after filing of the draft red herring prospectus, Life Insurance Corporation of India (LIC) has commenced formal roadshows with big-ticket global investors, seeking their participation in the country’s largest public issue to date.

Capital Group, Aberdeen Asset Management, California University Endowment, Abu Dhabi Investment Authority (ADIA) and Singapore’s GIC are among the funds that participated in Monday’s investor roadshows, bankers and finance ministry officials told ET. Th ..

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