LG Electronics India IPO attracts $50 billion bids
The $1.3 billion initial public offering (IPO) of LG Electronics India Pvt, a unit of South Korean home appliance maker LG Electronics Inc., closed on October 9, becoming the most subscribed IPO in nearly two decades, Reuters reported, noting that investors rushed to buy a piece of the company in a crowded IPO market.
The $1.3 billion initial public offering (IPO) of LG Electronics India Pvt, a unit of South Korean home appliance maker LG Electronics Inc., closed on October 9, becoming the most subscribed IPO in nearly two decades, Reuters reported, noting that investors rushed to buy a piece of the company in a crowded IPO market.