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Category Asia

Why Hyundai picked India for record $3.3 billion IPO

The South Korean auto giant Hyundai launched its initial public offering (IPO) on Tuesday, billed as India’s biggest stock market debut, worth about $3.3 billion (€3.05 billion).  The first carmaker to go public in India since Maruti Suzuki in 2003, Hyundai is offering…

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