30/11/2024, 4:27:02 pm

German car-parts maker Mahle is said to mull IPO of Indian unit: Report

German car-parts maker Mahle GmbH is considering an initial public offering of its Indian business, people familiar with the matter said, joining other foreign firms in seeking to list their units in the nation’s buoyant markets. Mahle is holding early talks with potential advisers about a share sale in Mumbai, according to the people, who asked not to be identified.