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Blackstone Inc. is considering an IPO for PGP Glass Pvt., an Indian glass packaging maker based in Mumbai. The offering could raise up to $500 million, according to sources familiar with the matter. This move signals Blackstone’s ongoing strategy to leverage India’s growing market potential and exit investments through public listings. The IPO is expected to attract significant investor interest amid the country’s buoyant capital markets, though exact timing and size remain subject to market conditions and regulatory approvals.
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