Hindalco Industries has postponed the proposed $945-million listing of Novelis Inc due to concerns about potentially below-premium valuations for the US subsidiary impacting the valuation of the Indian entity listed in Mumbai.
/PRNewswire/ Novelis Inc., a leading sustainable aluminum solutions provider and the world leader in aluminum rolling and recycling, today announced the.
Hindalco Industries on Wednesday announced that its US arm Novelis Inc has postponed its initial public offering (IPO) due to market conditions.
Novelis will continue to evaluate the timing of the offering in the future, Hindalco said in a filing to BSE.
Few days back, Novelis Inc had said it
With the start of a new week comes the excitement surrounding a new set of companies looking to make an impact through their public offerings. According to Benzinga Pro, these enticing companies are scheduled to trade publicly this week.
(Bloomberg) India has turned into Asia’s hottest market for share sales including initial public offerings, and as elections come to a close, a bumper crop of deals is poised to set a record as investors seek to tap the rapid growth in the region’s third-largest economy.Most Read from BloombergWall Street Billionaires Are Rushing to Back Trump, Verdict Be DamnedTrump Is Guilty on All Counts in Hush-Money Case. Now What?Donald Trump Becomes First Former US President Guilty of CrimesHere Are th