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BRIEF-India's Mercator launches share sale to institutions
January 11, 2017 / 2:24 PM / 10 months ago

BRIEF-India's Mercator launches share sale to institutions

Jan 11 (Reuters) - 
    * India's Mercator Ltd launches qualified
institutional placement
    * Mercator sets floor price for qualified institutional
placement at 42.80 rupees per share
    * Company may offer a discount of not more than 5 percent on
the floor price for the QIP

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