
LG Electronics to sell 15% stake in Indian unit under IPO process
Published on: Sept. 30, 2025, 10:18 a.m. | Source: The Economic Times
LG Electronics plans an initial public offering for its Indian subsidiary, aiming to raise approximately 1.8 trillion won ($1.28 billion) by selling a 15% stake. This strategic move, expected as early as next month pending Sebi approval, will secure funding for future growth and significantly strengthen LG's financial profile.