Temasek-backed Manipal Health to line up $1-billion IPO
· economictimes.indiatimes.com
Manipal Health Enterprises plans a billion-dollar initial public offering this month. The company will announce its price band on July twenty-fourth. The offering includes a fresh issue of shares and an offer for sale. Proceeds will primarily be used to reduce debt and acquire a minority stake. This follows SBI Funds Management's successful large IPO earlier this year.
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