ICICI Prudential AMC IPO: British insurance company Prudential said on Thursday it has sold a 4.5% stake in ICICI Prudential Asset Management, a day ahead of the company’s much-awaited IPO opening.
Prudential sold its 4.5% stake in ICICI Prudential AMC worth a massive ₹4,900 crore, ahead of the Indian fund manager’s $1.2 billion IPO that opens on Friday.
(This is a developing story. Check back for updates)
