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Top Korea Listing in Years Flops in Debut as IPO Fever Cools
LG CNS Co., the diversified technology-services unit of South Korea’s LG Group, is set to make its market debut in Seoul after completing its 1.2 trillion won ($821 million) initial public offering, the nation’s largest since 2022.
LG CNS Co., the diversified technology-services unit of South Korea’s LG Group, is set to make its market debut in Seoul after completing its 1.2 trillion won ($821 million) initial public offering, the nation’s largest since 2022. The shares will start trading on the main Kospi index on Wednesday. They were priced at 61,900 won each, the top of their marketed range, thanks to demand from local investors.
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