Friday, May 7, 2010

Citi, BofA among shortlisted for Coal India IPO



Source:Reuters:Friday, May 7, 2010 12:44 IST


Mumbai: Citigroup, Bank of America Merrill Lynch and Deutsche Bank are among the six banks that have been shortlisted for bookrunning a $2.7 billion state-run Coal India's IPO, four sources with direct knowledge of the situation said.


Others in the list are Morgan Stanley, Kotak Mahindra Capital and Enam Securities, the sources, who are not authorised to speak to the media, told Reuters.

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