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LIC sells stake in Hindustan Copper for Rs 447 cr

Economictimes.indiatimes.com 

Life Insurance Corporation of India (LIC) on Monday said it has sold a 2.09 per cent stake in state-owned Hindustan Copper for Rs 447 crore through an open market transaction.

Oi to complete capital increase and focus on B2B

Telecompaper.com 

(Telecompaper) Brazilian telecom company Oi expects to complete a significant capital increase in the second half of the year, CEO Mateus Bandeira announced in a conference call...

Netanyahu describes ceasefire talks with US as "positive" - BBC.com

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LIC offloads 2.09% stake in Hindustan Copper for Rs 447 cr via open market

Business Standard 

Life Insurance Corporation of India (LIC) on Monday said it has sold a 2.09 per cent stake in state-owned Hindustan Copper for Rs 447 crore through an open market transaction. The insurance behemoth has sold a total of 2,01,62,682 shares, or 2.085 per cent stake, in Hindustan Copper, according to a regulatory filing. The shares of Hindustan Copper were sold at an average cost of Rs 221.64 apiece, taking the transaction value to Rs 446.8 crore. With this, LIC's stake in the state-owned company has... Читать дальше...