ICICI Prudential Life Said to Consider $892 Million Indian IPO

  • Share sale to value Indian insurer at 400 billion rupees
  • Company aims to file IPO prospectus by the end of June

ICICI Prudential Life Insurance Co. has picked arrangers for an initial public offering of as much as 60 billion rupees ($892 million), people familiar with the matter said, in what could be India’s biggest first-time share sale in six years.

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