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LG weighs India listing amid booming mkts
Business Standard
|August 28, 2024
LG Electronics is considering an initial public offering (IPO) for its India business, tapping a booming stock market to help hit a target of $75 billion in electronics revenue by 2030.
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Chief Executive Officer William Cho said an Indian market debut is one of several options it's weighing to revitalise the decades-old consumer electronics business. It's the first time the South Korean company, which competes head-on with larger rival Samsung Electronics has spoken publicly about an Indian debut, the subject of persistent market and media speculation.
Diese Geschichte stammt aus der August 28, 2024-Ausgabe von Business Standard.
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