shares

LG Prepares for $1.5 Billion IPO of Its Indian Unit

3 months ago

The Korean conglomerate LG Group has decided to launch an initial public offering (IPO) for its Indian subsidiary, aiming to raise approximately $1.5 billion. This move is driven by LG's desire to strengthen its presence in the rapidly developing Indian market, which is viewed as a strategically significant region for the company’s future growth.

Raiffeisen Group: Delay in Sale of Russian Unit and Share Freeze

3 months ago

Raiffeisen International, an Austrian bank, announced that the process of selling its Russian unit has encountered delays, resulting in a freeze on the company's shares. Bank representatives explained that the delay is due to the need to comply with regulatory norms and an expectation for legal clarifications regarding the deal. This situation remains under the control of the bank's management, which is actively working to resolve it.

JD.com Announces Conditional Share Buyback of Up to $5 Billion

3 months ago

Chinese e-commerce giant JD.com has announced the launch of a share buyback program, aiming to repurchase up to $5 billion of its securities. This decision is part of the company’s strategy to increase shareholder value and boost investor confidence amid growing economic uncertainty in the country.

Sharp Drop in Paytm Shares Amid New Regulatory Scrutiny

3 months ago

Shares of Indian fintech company Paytm experienced a significant drop following reports of a new wave of regulatory scrutiny initiated by the government. According to sources, the company's stocks fell by more than 5% in a single day, which raised concerns among investors.