Kepco brings PowerCom to equity markets

One of the most intensely fought after mandates from Korea this year is about to be awarded, as Kepco selects lead managers for the listing of its telecommunications and cable network, PowerCom.

The Korea Electric Power Corporation Kepco is poised to choose between eight competing consortia of domestic and international banks that have teamed up for what is expected to be an $800 million to $1 billion listing on Nasdaq and Kosdaq.

The eight comprise Deutsche Bank, which is bidding with Samsung Securities DresdnerKB and Tong Yang Securities ING Barings and Good Morning Securities JP Morgan and SK Securities Lehman Brothers and LG Securities Merrill Lynch and Hyundai Securities Salomon...

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