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LG's IPO Valuation Expectations Lower
Mint New Delhi
|March 27, 2025
LG Electronics Inc.'s India unit may get a lower valuation than previously expected in its initial public offering, according to people familiar with the development, after the recent decline in the nation's stock market.
The valuation could dip to a dollar amount of between roughly $10.5 billion and $11.5 billion, the people said, versus earlier expectations for as much as $15 billion. The IPO could take place as soon as May, they said, asking not to
This story is from the March 27, 2025 edition of Mint New Delhi.
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