General Insurance Corp of India OFS - Large One to Digest, and a Potential Overhang to Contend With

293 Views04 Sep 2024 12:06
The GoI is looking to raise up to US$600m from selling its stake in General Insurance Corp Of India (GICRE IN). In this note, we run the deal through our ECM framework and comment on deal dynamics.
What is covered in the Full Insight:
  • Introduction
  • Deal Terms
  • Deal Dynamics
  • Recent Financial Performance
  • Conclusion
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