Bobcat IPO pricing marks Doosan's loss

Korean chaebol accepts an IPO price that values Bobcat at barely half the cost of the original 2007 acquisition.
Doosan tries to dig itself out of a financial hole
Doosan tries to dig itself out of a financial hole

After one false start in October, Korea's oldest industrial conglomerate completed the first stage of an initial public offering for Doosan Bobcat on Friday.

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