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German Firms Mahle, Schott Said to Seek Banks for India IPOs

Two German companies, Mahle GmbH and Schott Pharma AG, are exploring initial public offerings of their Indian businesses that could raise as much as $400 million each, according to people familiar with the matter, as multinational firms seek to tap the premium valuations commanded by their locally listed peers.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

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