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
The crypto system is no longer a sideshow. Dollar stablecoins now put dollar claims into…
Women remain underrepresented in the upper ranks of academia, but evidence on the mechanisms behind…
The steady decline in the relative price of equipment has long been seen as a…
Europe exports a large surplus of savings outside the continent each year. This column argues…
The search for a European safe asset has generated no shortage of proposals, but these…
A landmark shift in the international corporate tax system is taking shape. The introduction of…