Citi, JPMorgan opt out of $1.4 billion SBI Funds IPO on fees

Shareholders selling in the IPO — State Bank of India and France’s Amundi SA — offered fees of about 0.01% of the issue size, which bankers called rock bottom

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Citi, JPMorgan opt out of $1.4 billion SBI Funds IPO on fees
Shareholders selling in the IPO — State Bank of India and France’s Amundi SA — offered fees of about 0.01% of the issue size, which bankers called rock bottom

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