LG, IPO and India
Digi Times · 4h
LG Electronics files for IPO in India
LG Electronics India filed an IPO in India, aiming to capitalize on the country's growing appliances and electronics market. However, concerns arise regarding potential conflicts of interest with other LG entities and the lack of exclusivity agreements.
Mint · 2d
LG Electronics’ India arm readies for IPO, files draft papers with SEBI
LG Electronics’ Indian arm has filed for an IPO to sell 101.8 million shares, aiming to raise $1 billion to $1.5 billion and achieve a valuation of about $13 billion. Major competitors include Whirlpool India and Samsung’s Indian arm.
Business Standard · 2d
LG India files DRHP with Sebi to raise Rs 15,000 crore through IPO
The Indian subsidiary of South Korean major LG Electronics on Friday filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India to raise Rs 15,000 crore through an initial public offering (IPO).
MarketWatch · 3h
LG Electronics Looking to Sell 15% Stake in Affiliate via India IPO
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