Breakingviews: Hyundai’s India IPO will have imitators

MUMBAI, June 17 (Reuters Breakingviews) – If Hyundai Motor’s (005380.KS), opens modern tab up to $3 billion starting open advertising of its Indian trade solidifies a premium valuation as effectively as anticipated, other multinationals seem surge to list their neighborhood operations in the South Asian nation. The South Korean carmaker on Saturday recorded for a posting of the unit in Mumbai. The target valuation of up to $30 billion, per Reuters citing anonymous sources, is 53 times its profit in […]