[AP/YONHAP] LG Electronics tapped Axis Capital, an Indian bank, as one of the underwriters for the potential $1.5 billion ...
LG Electronics is planning to list its Indian unit on the stock market. The South Korean company has hired Axis Capital to ...
It had appointed banks such as Bank of America Corp, Citigroup Inc, JPMorgan Chase & Co. and Morgan Stanley as arrangers for ...
LG’s push for an IPO in India is more than just a fundraising exercise. Like many international corporations, LG sees immense ...
While neither LG Electronics nor Axis Capital have officially commented on the matter, Bloomberg suggests that the stock sale could aim to raise between $1 billion and $1.5 billion. This would ...
Market watchers estimate the firm’s corporate value to reach around 7 trillion won ($5.14 billion), making it Korea's largest IPO since LG Energy Solution in January 2022. For a successful ...
LG Electronics India reported a 12.35% profit increase to Rs 1,511.1 crore for FY24, with a 7.48% revenue rise. While advertisement spending dropped, sales promotions rose significantly. The company ...
South Korean company LG Electronics Inc. is considering an IPO of its division in India with the aim of increasing revenue from the sale of electronics to $75 billion by 2030. This is reported in a ...