(Bloomberg) -- Hyundai Motor Co. has brought in Kotak Mahindra Bank Ltd. and Morgan Stanley as advisers on a potential initial public offering of its India...
-- Hyundai Motor Co. has brought in Kotak Mahindra Bank Ltd. and Morgan Stanley as advisers on a potential initial public offering of its India unit, according to people familiar with the matter, as the automaker considers what might be one of the biggest-ever listings in the South Asian country.China’s Housing Rescue Has a Poor Track Record in Pilot CitiesThe banks join Citigroup Inc., HSBC Holdings Plc and JPMorgan Chase & Co.
An IPO of $2.5 billion to $3 billion would rival that of Life Insurance Corp. of India’s in 2022, when it raised about 206 billion rupees . India’s BSE Sensex stock index has risen about 20% over the past seven months and is trading at a record high. Volatility has been increasing in the lead up to national elections — with polling due to conclude on Saturday, a gauge of volatility in Indian stocks touched the highest in nearly two years on Monday.In 5 Years, These 2 Stocks Will Be More Valuable Than Apple
‘My mom would be livid’: Georgia woman can't access $23K in unclaimed property from her parents for one reason2 REITs to Buy to Earn Like a Lazy Landlord
Bloomberg News Bloomberg Hyundai Motor India Ltd India Jpmorgan Chase & Co. HSBC Holdings Plc Initial Public Offering
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