Prudential to sell more shares in ICICI Prudential Asset's India IPO, offer to open Dec. 12
Group 1 - The core point of the article is that British insurer Prudential will increase the number of shares offered in the initial public offering (IPO) of ICICI Prudential Asset Management Company in India, with the bidding process set to commence next week [1] Group 2 - The IPO is part of Prudential's strategy to expand its presence in the Indian market [1] - The offering is expected to attract significant investor interest due to the growing demand for asset management services in India [1] - The decision to sell more shares than initially planned indicates strong confidence in the market conditions and the company's growth prospects [1]