Grapevine: LG Electronics mulls Indian unit IPO; Bluestone eyes unicorn status
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Grapevine: LG Electronics mulls Indian unit IPO; Bluestone eyes unicorn status

By Sreeja Biswas

  • 29 May 2024
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Grapevine: LG Electronics mulls Indian unit IPO; Bluestone eyes unicorn status
Credit: 123RF.com

LG Electronics has engaged JP Morgan and Morgan Stanley to evaluate a potential IPO of its Indian unit, LG Electronics India Pvt Ltd, a media report said.  The IPO could raise upwards of $500 million (Rs 4,163 crore) if approved, though discussions are still in early stages and the plan may ......

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