Carlyle Said to Prepare for $400 Million IPO of India Auto Unit
AI Summary
Carlyle Group Inc. is preparing for a $400 million initial public offering of its India-based auto-parts platform, Highway Roop Precision Technologies. This move signals a significant development in the automotive industry investment landscape.
Carlyle Group Inc. has kicked off preparations for a potential initial public offering of its India-based auto-parts platform, Highway Roop Precision Technologies, according to people familiar with the matter.