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India's Reliance Unit Files for $1 Billion Singapore IPO

March 20, 2012

The undersea cable unit of India's Reliance Communications, has applied to list in Singapore, two sources with direct knowledge of the matter said, a move that could raise $1 billion to help its parent company pare a heavy debt burden.

Source: http://www.cnbc.com/id/46780463?__source=RSS*tag*&par=RSS
 
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