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Life Insurance Corporation (LIC) holds 529.41 crore shares representing 49.24 per cent stake in IDBI Bank, while the government holds 488.99 crore shares or 45.48 per cent stake.
The successful bidder would be required to mandatorily lock-in at least 40 per cent of the equity capital for five years from the date of acquisition.
Investegate announcements from MACCO Restructuring Group, LLC, MACCO Restructuring Group Leads Successful Efforts to Captain and Transit Semi-Submersible Oil Drilling Rig Across Gulf of Mexico
MACCO Managing Director David Weinhoffer Acts As Chief Restructuring Officer in Bankruptcy Proceedings for In re: LaForta - Gestão e Investimentos, Sociedade Unipessoal, LdaHOUSTON, Aug. 30, 2022, a national
MACCO Restructuring Group recently announced that MACCO Managing Director David Weinhoffer successfully assumed control of and transited La Muralla IV, a sixth generation, semi-submersible oil drilling rig.