LG Electronics Initiates Roadshows for Indian Unit IPO
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LG Electronics is conducting roadshows to attract investors for its Indian unit's IPO, with plans for a Mumbai listing later this year.
LG Electronics Inc. has begun conducting roadshows to engage potential investors for the initial public offering (IPO) of its Indian subsidiary, according to sources familiar with the situation.
The South Korean company has recently initiated this process as it advances its listing plans. The sources requested anonymity due to the private nature of the matter. It is reported that LG is aiming for an IPO in Mumbai later this year, as previously covered by Bloomberg News.