Stage set for Metropolis’ India IPO

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By Christie Ou
27 Nov 2018

Mumbai-headquartered Metropolis Healthcare has been given the go ahead to list by the Securities and Exchange Board of India, paving the way for an equity sale by two shareholders.

Backed by US private equity firm Carlyle Group, Metropolis was cleared for listing on November 22, according to a filing on the Sebi website. The firm submitted its IPO prospectus in late September.

The Metropolis listing will consist of 15.3m secondary shares to be sold through ...

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