LG Electronics, a Korean company, is planning to list its Indian subsidiary.
They’re looking to raise around ₹15,000 crores through a 100% Offer for Sale (OFS). This means LG’s parent company in Korea will sell part of its stake in the Indian business and keep the money.
None of the funds from this sale will go to LG India itself.
They’re looking to raise around ₹15,000 crores through a 100% Offer for Sale (OFS). This means LG’s parent company in Korea will sell part of its stake in the Indian business and keep the money.
None of the funds from this sale will go to LG India itself.