Aban likely to launch up to $150 million share sale on Friday
27/06/2014 15:21
Aban offshore, an offshore drilling rig services company, is likely to launch a share sale to raise as much as USD150 million on Friday, two people directly involved in the deal said, reported media. Aban's board had on May 28 approved share offering worth up to Rs 2,500 crore to institutional investors, as per the media reports. According to media reports, Axis Capital is the lead manager to the Aban issue, said the sources, who declined to be named as the details of the deal is not public yet.
27/06/2014 15:21
Aban offshore, an offshore drilling rig services company, is likely to launch a share sale to raise as much as USD150 million on Friday, two people directly involved in the deal said, reported media. Aban's board had on May 28 approved share offering worth up to Rs 2,500 crore to institutional investors, as per the media reports. According to media reports, Axis Capital is the lead manager to the Aban issue, said the sources, who declined to be named as the details of the deal is not public yet.
