{"id":888498,"date":"2024-12-17T09:59:56","date_gmt":"2024-12-17T04:29:56","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=888498"},"modified":"2024-12-17T10:14:37","modified_gmt":"2024-12-17T04:44:37","slug":"lg-eyeing-usd-15-billion-listing-valuation-for-its-indian-subsidiary","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/12\/17\/lg-eyeing-usd-15-billion-listing-valuation-for-its-indian-subsidiary\/","title":{"rendered":"LG eyeing USD 15 billion listing valuation for its Indian subsidiary"},"content":{"rendered":"<p>South Korea\u2019s LG Electronics is reportedly planning to list its Indian subsidiary &#8211; LG Electronics India Ltd &#8211; on the domestic bourses at a hefty valuation of up to $15 billion.<\/p>\n<p>The company, which is planning to launch a mega IPO in the first of the calendar year 2025, was earlier targeting a valuation of $13 billion.<\/p>\n<p>Both valuations are higher than LG\u2019s market capitalization on the South Korean exchanges. LG\u2019s shares have fallen about 13% this year in Seoul and the company commands a market value of $10 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>South Korea\u2019s LG Electronics is reportedly planning to list its Indian subsidiary &#8211; LG Electronics India Ltd &#8211; on the domestic bourses at a hefty valuation of up to $15 billion. The company, which is planning to launch a mega IPO in the first of the calendar year 2025, was earlier targeting a valuation of $13 billion. Both valuations are higher than LG\u2019s market capitalization on the South Korean exchanges. LG\u2019s shares have fallen about 13% this year in Seoul and the company commands a market value of $10 billion.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[75,4,17],"tags":[],"class_list":["post-888498","post","type-post","status-publish","format-standard","hentry","category-it-2-the-new-indian-express","category-newspapers","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/888498","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=888498"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/888498\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=888498"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=888498"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=888498"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}