BlackRock, GIC to invest in Hyundai Motor India's $3.3b IPO: Report

BlackRock, GIC to invest in Hyundai Motor India's $3.3b IPO: Report

FILE PHOTO: A family unveils a new Hyundai car at one of the motor group's showrooms in New Delhi, India, September 6, 2024. REUTERS/Ainnie Arif/File Photo

BlackRock Inc., Singaporean sovereign wealth fund GIC Pte and Capital Group are among investors that have bid to buy Hyundai Motor India Ltd shares in its $3.3 billion initial public offering next week, Bloomberg reported on Friday, citing people familiar with the matter.

Edited by: Pramod Mathew

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