Banks pitch for India’s Suuti, Hudco sell-downs

By John Loh
12 Aug 2016

Four banks have been shortlisted by an arm of the Indian government to sell off its stakes in 51 listed and unlisted companies, with the presentations taking place on August 12.

The Specified Undertaking of Unit Trust of India (Suuti) said on its website that Edelweiss Financial Services, ICICI Securities, IDFC and SBI Capital Markets will make their pitches between 10am and 12.30pm.

Suuti, a state-owned holding firm, is looking to appoint three banks to advise on ...

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