Hyundai onboards top advisers for IPO of its India unit
Shortpedia
Content Team
Image Credit: newsbytes
South Korean automaker Hyundai has reportedly engaged the services of Kotak and Morgan Stanley as advisers for its forthcoming initial public offering (IPO) in India. According to a Bloomberg report, this advisory syndicate also includes Citi, HSBC, and JPMorgan. The IPO is tentatively scheduled for June. Hyundai India IPO could potentially raise around $2.5 billion, positioning it as one of the largest listings in India's history.
