LG Philips IPO: shattering glass?

The mother of all glass panel producers begins its assault on the NYSE and KSE.

The leading company in the only sector where Asia has complete world dominance began pre-marketing its IPO this Monday via joint bookrunners LG Securities, Morgan Stanley and UBS. TFT-LCD producer LG Philips LCD is hoping to become the first company to secure a simultaneous listing on the Korean and New York stock exchanges.

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