Deals
Ballarpur Said to Prepare $250 Million IPO of Unit in Singapore
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Ballarpur Industries Ltd., the Indian paper maker controlled by Gautam Thapar, plans to raise about $250 million in a Singapore listing of its international operations, said people with knowledge of the matter.
The company is working with Deutsche Bank AG on the deal, said the people, who asked not to be identified because the information is private. The share sale may take place in the second half, they said.