Bain selling Hero MotoCorp shares worth up to $116 mn?
Bain selling Hero MotoCorp shares worth up to $116 mn?

Morgan Stanley is the sole bookrunner for the deal

Hero MotoCorp shares fall 4%; top loser on Sensex, Nifty

Stocks of Hero MotoCorp Thursday fell by nearly 4 percent after US-based Erik Buell Racing, in which the two-wheeler giant had a substantial stake, filed for bankruptcy -- a development that may affect the Indian firm's plans in the American markets.

Controlling shareholders to sell $300 million of shares in Hero MotoCorp

Controlling shareholders of Hero MotoCorp Ltd, India`s biggest maker of motorcycles and scooters, plan to sell $300 million worth of shares later in the day, according to a term sheet seen by Reuters.

Bain to sell stake in Hero MotoCorp worth up to $393 mn

The private equity firm is offering the Indian company`s shares in the indicative price band of 2,582 rupees to 2,717 rupees each, it said, a discount of as much as 5 percent from its closing price on Thursday.

LIC trims stake in Hero MotoCorp to 2.99%

State-owned LIC has cut its stake in Hero MotoCorp to around 3 percent by selling more than 2 percent stake.

Hero MotoCorp picks up 49.2% stake in EBR for $25 mn

The country's largest two-wheeler maker Hero MotoCorp Monday said it has picked up 49.2 percent stake in US-based Erik Buell Racing (EBR) for USD 25 million (about Rs 148 crore).

Hero MotoCorp dips over 6% post Q4 results

Profit-booking dragged the company's shares on the NSE also, where it slipped 6.12 percent to Rs 2,107.40.