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What is Ashok Leyland about?

This document discusses potential ways for Ashok Leyland, an Indian commercial vehicle manufacturer, to raise funds to acquire Dana Corporation, a US auto parts company. It analyzes issuing American Depository Receipts (ADRs) at different levels or Global Depository Receipts (GDRs). Level 3 ADRs that raise new capital through a public offering in the US are identified as most suitable, allowing Ashok Leyland to raise up to $8.63 billion, enough to fully acquire Dana Corporation. The document outlines the re

Author

Knt Nallasamy Gounder

Language

EN