ING Vysya Said to Raise $117 Million in Sale to Large Investors
This article is for subscribers only.
ING Vysya Bank Ltd., the Indian unit of the biggest Dutch financial services company, raised 5.24 billion rupees ($117 million) selling shares to institutional investors, according to two people with knowledge of the deal.
The bank sold 15.3 million shares at 342.09 rupees apiece in the transaction that closed today, the people said, declining to be named because the details aren’t public yet.