LG Electronics gets Sebi’s nod for Rs 15,000- crore share sale

MUMBAI: LG Electronics is set to become the second Korean firm to go public after the auto major Hyundai, with the domestic unit of the Far East Asian consumer electronics giant getting the regulatory nod for a Rs 15,000-crore public float which will be an offer for sale.

Last October, Hyundai Motor India became the first Korean company to launch a Rs 27,870.2-crore share sale, making it the largest ever in the history of Dalal Street.