The sale, which was completed after the market closed yesterday, was done at a tight 1.1% discount to the closing price which allowed the seller to raise W463.1 billion $498 million. The price was fixed at the top of the W45,700 to W46,450 offering range after four hours of bookbuilding.
A source close to the deal said investors were positive on the company partly because it is trading at an attractive valuation relative to other...
¬ Haymarket Media Limited. All rights reserved.
