Hindustan goes local, Blue Dart captures foreign bid
The Indian government raised Rs8bn ($143.8m) from an offer-for-sale (OFS) in Hindustan Copper last week, pulling off an effective re-IPO in the company after relying on demand from domestic investors. But DHL Express showed that international investors can be brought into OFS deals in good size, attracting foreign accounts for a big chunk of its own transaction.
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