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LG eyes up to $15 billion valuation for India unit IPO
Hindustan Times Jammu
|December 17, 2024
LG Electronics Inc. is considering increasing the valuation of its Indian unit to as much as $15 billion in a planned listing in Mumbai next year after initial feedback from analysts and investors, according to people familiar with the matter.
The South Korean company is planning to start a formal roadshow for LG Electronics India Pvt.'s IPO within the next two months and is targeting a listing in the first half of 2025, the people said, asking not to be identified because the information is private. The company had earlier eyed a valuation of around $13 billion, Bloomberg News reported in September.
Diese Geschichte stammt aus der December 17, 2024-Ausgabe von Hindustan Times Jammu.
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