Birla Group taps Citi, BofA Securities and Morgan Stanley for Novelis US
Wed, Feb 21, 2024 4:02 PM

Birla Group taps Citi, BofA Securities and Morgan Stanley for Novelis US

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The Aditya Birla Group has engaged three investment banks, namely Citi, BofA Securities and Morgan Stanley for the proposed US IPO of Novelis, a subsidiary of the group's flagship Hindalco, multiple industry sources in the know told Moneycontrol on the condition of anonymity. Citi and BofA Securities declined to comment while the Aditya Birla Group and Morgan Stanley were unavailable.

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