LG Electronics is said to consider resuming IPO of Indian unit



LG Electronics Inc. is weighing the possibility of reviving the initial public offering of its Indian subsidiary as early as September, according to sources familiar with the matter.

The South Korean firm intends to resubmit its draft prospectus with updated financials after the summer, potentially paving the way for the IPO to launch in the fourth quarter, said the sources, who requested anonymity as the details are not yet public.

Comments