Tenneco India IPO

Can Tenneco Clean Air India’s IPO deliver long term gains for investors?

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Can Tenneco Clean Air India’s IPO deliver long term gains for investors?

ET Intelligence Group: Tenneco Clean Air India, an auto components company, plans to raise ₹3,600 crore through an offer for sale. The promoter group’s stake will fall to 74.8% after the IPO from 97.3%. It is a subsidiary of the US based Tenneco Inc, which designs and manufactures clean air and powertrain products for automotive … Read more

Apollo said to weigh Tenneco India IPO at $2 billion valuation

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Apollo said to weigh Tenneco India IPO at billion valuation

Apollo Global Management Inc. is considering listing auto-parts supplier Tenneco Inc.’s India business, people familiar with the matter said, joining others that have done or plan initial public offerings of their units in the world’s most populous country. The US alternative asset manager is speaking with prospective arrangers about an IPO that could take place … Read more