Hyundai Motor India IPO 142.2 Million Shares to Raise $3 Billion in Booming Market
June 15, 2024
The company plans to offer 142.2 million shares or 17.5 percent of Hyundai Motor India as part of the IPO, Bloomberg News reported, citing a draft prospectus filed by the firm. While the pricing is still unclear, local media reports have suggested that the company wants to raise $2.5-3.0 billion through the IPO. India’s biggest […]
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Major Companies Eye Pakistan International Airlines (PIA) Privatization
May 3, 2024
The government revealed in a recent announcement, that ten major companies, including three private airlines operating in Pakistan, have expressed interest in purchasing Pakistan International Airlines (PIA). These companies have until May 18 to submit their paperwork to show their interest in acquiring PIA. Among the interested parties are Arif Habib and Akram Wali Muhammad […]
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