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LG Electronics India’s IPO Tops Parent In Value

[ad_1] LG Electronics India Limited’s initial public offer sparked frenzied activity, quickly rising to a market capitalization of $13 billion—surpassing its parent, LG Electronics of South Korea, valued at $9.4 billion. It was the eighth-largest IPO in India. LGEINDIA got listed on both the National Stock Exchange and the Bombay …

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SoftBank’s Nvidia sale rattles market, raises questions

[ad_1] Masayoshi Son isn’t known for half measures. The SoftBank founder’s career has been studded with eyebrow-raising bets, each one seemingly more outrageous than the last. His latest move is to cash out his entire $5.8 billion Nvidia stake to go all-in on AI. And while it surprised the business …

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