Cheil raises $1.4b in landmark Korean IPO

Listing of the de facto holding company for Samsung Group is Korea's largest for four years, surpassing Samsung SDS's month-old share sale.

Cheil Industries, the de facto holding company for Samsung Group, raised $1.4 billion in an initial public offering of its shares on Friday, South Korea’s biggest IPO in four years.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media