Temasek Continues to Unload ICICI Bank Shares

Posted on 02/09/2012


Temasek Holdings through its sovereign wealth enterprise (Allamanda Investments) sold 14.7 billion rupees or around US$ 300 million shares in ICICI Bank Ltd. ICICI Bank Ltd is a major bank in India. The Singapore sovereign wealth fund joined with the Carlyle Group LP in selling positions in India. Since 2009, Temasek Holdings and their counterpart […]

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