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India's Hindalco considering seeking $1.2b in IPO of its US unit Novelis

India's Hindalco considering seeking $1.2b in IPO of its US unit Novelis

Image by graystudiopro1 on Freepik

Reuters

08 May, 2024

Hindalco Industries, owned by Indian billionaire Kumar Mangalam Birla, is considering seeking about $1.2 billion in the initial public offering of its U.S.-based unit Novelis, Bloomberg News reported on Wednesday.

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