South Korean IT services provider LG CNS started bookbuilding on Monday to raise up to $817 million in an initial public offering (IPO), according to a term sheet reviewed by Reuters.
There are 19.37 million shares being sold in the deal in a price range of 53,700 to 61,900 Korean won, the term sheet said.
That price range would value LG CNS between $3.5 billion and $4.1 billion, the term sheet showed.
Source : Reuters
In countries where electricity outages and “load shedding” are a regular feature of life and…
Today’s blog is a background note I prepared for a forthcoming Policy Research Report on…
At the time when the Government of South Africa approached the World Bank’s Disaster Risk Financing…
US asset manager Nuveen indicates investors are looking for diversification outside of developed markets. Middle…
China’s place within international trade networks and global supply chains makes the propagation of Chinese…
Forecasts on the economic impacts of artificial intelligence diverge sharply. This column assesses how the…