| Temasek Holdings Pte, Singapore’s state-owned investment company, is selling a stake valued at 14.9 billion rupees ($303 million) in ICICI Bank Ltd., according to two people with direct knowledge of the matter.
Temasek has hired Goldman Sachs Group Inc. to help sell 15.9 million shares, or a 1.38 percent stake, the people said yesterday, declining to be identified because the details are private. The stock is being offered at a discount of as much as 1.5 percent, one person said. ICICI Bank rose 1.1 percent to 937.75 rupees in Mumbai...............................................Full Article: Source
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