27
Apr
16:36
South Korea’s SKIET raises $2 billion in IPO
Battery materials company SK IE Technology (SKIET), a subsidiary of South Korean battery manufacturer SK Innovation, has announced the country’s largest initial public offering (IPO), Kallanish reports.
Thanks to incredible demand from institutional investors, SKIET raised 2.24 trillion won ($2 billion), set to value the company at around 7.5 trillion won. The company said in a statement on Monday the “highly-competitive” bidding was marked by o…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous