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UK Hedge Fund Sells 8 Indian Bank Holdings

By Reuters

  • 23 Mar 2009

The Children’s Investment Fund, the $9.5 billion London activist hedge fund, has liquidated its holdings in Indian state-owned banks, according to the ‘Financial Times’.

In the past three months, the fund has sold holdings in eight banks, from state-owned Bank of Baroda to Union Bank of India, the paper reported.a

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