The Anil Ambani-controlled Reliance Power Ltd’s public float that saw subscriptions of $190 billion has the who’s who of international investors putting in bids for the company’s shares. According to a source close to the development, foreign institutional investors (FIIs) accounted for nearly half the demand for the issue. FIIs such as Deutche Bank, UBS Securities, ABN-Amro Securities, Macquarie Securities and Merrill Lynch have put in bids ranging from $13.9 billion to $1 billion for shares on offer to institutions. The George Soros-controlled Quantum Fund is said to have put in a bid of $1.6 billion.
Mint
http://www.livemint.com/2008/01/20190149/
Reliance-Power-IPO----Indian.html
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