The Indian government has chosen arrangers for the sale of a nearly $1 billion stake in the country’s largest refiner, Indian Oil Corp., according to people with knowledge of the matter.
The country picked Citigroup Inc, Deutsche Bank AG and Goldman Sachs Group Inc. to advise on the offering, said the people, who asked not to be identified because the information is private. ICICI Securities Ltd. and SBI Capital Markets Ltd. are also among banks selected to work on the sale, the people said.Read more
Latest posts by Livemint (see all)
- JSW Cement to set up 1 mtpa clinker unit in UAE at $150 million - July 19, 2018
- AION-JSW bid for Monnet Ispat gets NCLT nod - July 19, 2018
- France’s Engie appoints Rothschild to find a buyer for Indian solar biz - July 19, 2018