LG Electronics India files for $1.8b IPO amid strong consumer durables demand

LG Electronics India files for $1.8b IPO amid strong consumer durables demand

FILE PHOTO: The logo of South Korean multinational electronics company LG is displayed at the Collision conference in Toronto, Ontario, Canada June 23, 2022. REUTERS/Chris Helgren/File Photo

The Indian unit of South Korea’s LG Electronics filed for an initial public offering on Friday to cash in on the country’s growing demand for consumer durables amid higher appetite for IPOs.

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