HomeNewsBusinessIPOAegis plans $300-400m IPO

Aegis plans $300-400m IPO

Aegis Ltd, the backoffice services firm of Essar Group, is planning to raise between USD 300 million and USD 400 million through an initial public offering, the company's global CEO said on Thursday.

February 16, 2012 / 19:34 IST
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Essar's BPO arm has reportedly been eyeing the capital markets. But speaking officially for the first time on its plans, the chief executive officer of Aegis said that it was talking to bankers to raise USD 300-400 million via IPO and private equity funding.

CNBC-TV18
first published: Feb 16, 2012 04:47 pm

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