Doosan Heavy sells $287 million of treasury shares

The deal comes at the maximum 5% discount and is upsized in full from about $200 million at launch.

Doosan Heavy sells $287 million of treasury shares

Doosan Heavy Industries Contractors has sold just over half of the treasury shares sitting on its books, raising W302.34 billion $287 million, sources said.

The deal was launched and completed after the market closed on Wednesday and was upsized in full from a base deal of about $200 million after domestic investors came in with very decent order sizes. Overall, the demand was said to be split roughly half and half between domestic and...

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