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LG Electronics’ $1.3 Billion India IPO Sold on First Day
Yahoo Finance·2025-10-07 11:06
LG Electronics Inc.’s $1.3 billion initial share sale in its Indian unit was fully subscribed on the first day, in a rare feat for a mega issue in India.  Most Read from Bloomberg  The South Korean parent is offering shares of LG Electronics India Ltd. at 1,080 rupees to 1,140 rupees each. That would value the company at as high as 774 billion rupees ($8.7 billion), making it the largest home-appliance maker listed in India. The shares are expected to begin trading on Oct. 14.  The firm’s offering of 71 ...