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LG delays Indian subsidiary IPO due to unstable stock markets in India.
LG Electronics has put on hold the initial public offering (IPO) of its Indian subsidiary due to unstable stock markets in India, as reported by Bloomberg News.
The company may resume IPO preparations if market conditions improve.
This decision comes as India's equity markets experience volatility, affecting other companies like e-scooter maker Ather Energy, which has also reduced its share sale size.
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LG retrasa la salida a bolsa de la subsidiaria india debido a la inestabilidad de los mercados bursátiles en la India.