Hyundai Motor to Sell 142.2 Million Shares in Indian Unit IPO

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 22 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 36%
  • Publisher: 63%

Bloomberg News

Initial Public Offering,Red Herring Prospectus,Bloomberg News

(Bloomberg) -- Hyundai Motor Co. will sell 142.2 million shares in an initial public offering of its Indian unit, according to a draft red herring...

-- Hyundai Motor Co. will sell 142.2 million shares in an initial public offering of its Indian unit, according to a draft red herring prospectus.Tesla Investors Get Behind Musk’s Fight for $56 Billion Pay Deal

Hyundai is potentially seeking a valuation of as much as $25 billion, the people said, asking not to be identified discussing private information. Hyundai Motor India Ltd. is the country’s second-biggest carmaker by sales.Canada's gas demand could peak this decade, given EV and hybrid trends: BMO US market expert warns of 'a bigger crash' than 2008 — says there's 'nowhere to hide' except in this 1 asset

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in CAR

Car Car Latest News, Car Car Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Hyundai Motor to Sell 142.2 Million Shares in Indian Unit IPOHyundai Motor Co. will sell 142.2 million shares in an initial public offering of its Indian unit, according to a draft red herring prospectus.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Hyundai Plans to File for India Unit IPO in June, Sources sayHyundai Motor Co. is planning to file for an initial public offering for its India unit as soon as this month, according to people familiar with the matter, with a potential listing planned by the end of the year.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Cars & Concepts: New or refreshed offerings from Ferrari, Acura, Hyundai and morepCars & Concepts is a showcases of new or refreshed vehicles recently on sale in or destine for the Canadian market. Here are offerings from Ferrari, Acura, Hyundai, Mercedes-Benz and Toyota./p
Source: AutoNewsCanada - 🏆 77. / 51 Read more »

U.S. Labor Department sues Hyundai over U.S. child labour, court filing showsThe U.S. Department of Labor on Thursday sued South Korean auto giant Hyundai Motor Co., an auto parts plant and a labour recruiter over illegal use of child labour in Alabama.
Source: CTVNews - 🏆 1. / 99 Read more »