TEMASEK, LIC SAID TO PLAN SHARE SALES IN NSE'S INDIA IPO

Temasek Holdings Pte. and Life Insurance Corporation of India Ltd. are likely to be key sellers in the potential $2.5 billion initial public offering of India’s top bourse, the National Stock Exchange of India Ltd., according toa person familiar with the matter.

- Bloomberg

State Bank of India Ltd. and SBI Capital Markets Ltd. are also likely to participate as sellers in the long-awaited IPO, which is expected to consist solely of existing shareholders offering between 4% and 4.5% of the company’s equity, according to the person, who asked not to be identified because the information is private.