[lbo-talk] India's Reliance Power float raises $3bn

uvj at vsnl.com uvj at vsnl.com
Fri Jan 18 13:09:14 PST 2008


BBC News http://news.bbc.co.uk/

Last Updated: Tuesday, 15 January 2008

Reliance Power float raises $3bn http://news.bbc.co.uk/2/hi/business/7188869.stm

The share flotation of India's Reliance Power has raised $3bn (£1.5bn), making it India's biggest initial public offering to date.

The 228 million shares listed sold in under a minute and the float was four times oversubscribed. http://news.bbc.co.uk/2/hi/business/7188869.stm



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