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PUBG maker Krafton aims for up to $5bn in S Korea s biggest IPO
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Game maker Krafton targets up to $5 bln in S Korea s biggest IPO
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PUBG, Battlegrounds Mobile India Maker Krafton Aims for Up to $5 Billion in South Korea s Biggest IPO
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PUBG maker targets up to $5b in South Korea s biggest IPO
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Solum, a wireless communications module maker, debuted Feb. 2 on the Korea Exchange.
Initial public offerings in South Korea are expected to top 20 trillion won ($18 billion) in value this year, the largest amount for a single year in the country, with a greater number of high-profile companies, including LG Energy Solution Co., preparing for billion-dollar offerings in coming months.
The estimated IPO volume this year is about five times the 4.7 trillion won for the whole of 2020, as a slew of startups race to go public to take advantage of abundant market liquidity and the stock markets bull run beginning late last year.