Sembcorp ind has started talks over an initial public offering of its India unit in Mumbai and appointed three investment banks.🎉🎉
Talks are at an early stage and no decision has been made on the size of the offering. 🙏
Sembcorp's Indian arm, Sembcorp Green Infra, operates businesses in wind, solar and energy storage.
The IPO, targeted for launch within eight to nine months in Mumbai, will be advised by Citi (C.N), opens new tab, HSBC and India’s Axis Capital.🚀
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