LG eyes up to $15 billion valuation for India unit IPO: Report

December 16, 2024

LG Electronics may boost its Indian unit’s valuation to $15 billion for a Mumbai IPO in 2025. The roadshow will begin within two months. The company initially targeted a $13 billion valuation. LG may raise $1 billion to $1.5 billion. Indian IPOs are booming, with nearly $18 billion raised this year.

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