LG Electronics Targets $8.7 Billion Valuation in India IPO Push
LG Electronics is preparing a major push into the Indian equity market. The company’s India arm is seeking a valuation of about $8.7 billion as it prepares an initial public offering next week. This move is one of the largest foreign-led listings India has seen this year, and it comes as the local market warms to big-ticket IPOs.
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