Home » Hyundai Motor says IPO for India unit still undecided

Hyundai Motor says IPO for India unit still undecided

by WorldFinance
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Reuters reported on Tuesday that Hyundai Motor is planning to list its Indian unit to raise at least $3 billion in what would be the country’s biggest IPO.

Hyundai Motor India is in early talks for an initial public offering (IPO) and has held discussions with several banks, including JP Morgan, Morgan Stanley, Citi and Bank of America, according to two people, who have been briefed on the matter.

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