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Wednesday, July 11, 2018

LIC buy-in: IDBI Bank jumps on open-offer trigger talk

The IDBI Bank stock rose as much as 14.34% intra-day on Tuesday following reports that Life Insurance Corporation’s (LIC) plan to increase its stake in the bank may trigger an open offer.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2znLuwW

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