South Korea’s LG CNS launches IPO for as much as $817 million, time period sheet says

SYDNEY (Reuters) – South Korean IT companies supplier LG CNS began bookbuilding on Monday to boost as much as $817 million in an preliminary public providing (IPO), in line with a time period sheet reviewed by Reuters.

There are 19.37 million shares being offered within the deal in a worth vary of 53,700 to 61,900 Korean gained, the time period sheet stated.

That worth vary would worth LG CNS between $3.5 billion and $4.1 billion, the time period sheet confirmed.