Carlyle Group is preparing for a potential initial public offering of its Indian auto-parts platform Highway Roop Precision Technologies that could raise up to $400m, according to a report by Bloomberg citing unnamed people familiar with the plans.
The private equity firm is working with Kotak Mahindra Capital, JM Financial, Goldman Sachs and Nomura on a proposed listing that could take place during the first half of next year, the people said.
The offering is expected to include both newly issu...
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