In today’s briefing:
- LG Electronics India IPO: Updates Support the Bull Case
LG Electronics India IPO: Updates Support the Bull Case
- LG Electronics India (123D IN)/LGEIL, a subsidiary of LG Electronics (066570 KS), aims to raise up to US$1.3 billion through a secondary offering.
- I previously discussed the IPO in LG Electronics India IPO: The Bull Case and LG Electronics India IPO: The Bear Case.
- In this note, I look at the recent updates outlined in the RHP. Overall, the RHP updates are supportive of the bull case.
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