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Citigroup raises offer price

MUMBAI, AUG. 23. Citigroup has raised its offer to purchase shares of e-Serve International, an IT-enabled services company, to Rs. 975 per share from the earlier offer of Rs. 800 per share.

Citibank Overseas Investment Corporation will accept all shares validly tendered at the exit price of Rs. 975 or those tendered below the exit price, the company informed the Bombay Stock Exchange today.

— PTI

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