Innocean Worldwide prices $307m Korean IPO

Hyundai Motor's advertising agency shrugs off poor market conditions to price its initial public offering near the middle of its targeted range.

Suzy Waite

July 06, 2015

Innocean Worldwide, the in-house advertising agency of Hyundai Motor Group, priced its initial public offering near the middle of its targeted range on Monday, overcoming hostile market conditions both at home and abroad to raise $307 million.

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