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LG Electronics India outvalues its South Korean parent after Mumbai listing

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LG Electronics India outvalues its South Korean parent after Mumbai listing

LG Electronics India made a stellar market debut, listing at a 50% premium to its issue price and closing with similar gains. The surge valued the Indian unit at over $13 billion – about 40% higher than its South Korean parent’s $9 billion – highlighting strong investor appetite for India’s IPO story.
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Wed, Oct 15 20253:25 AM EDT