S.Korea Doosan Bobcat IPO expected to raise up to $2.25 bln

HD Hyundai Infracore Co

08/09/2016 09:56

SEOUL, Sept 8 (Reuters) - Construction machinery maker 
Doosan Bobcat Inc said on Thursday its planned initial public 
offering (IPO) this year is expected to raise up to 2.45 
trillion won ($2.25 billion).  
    Doosan Bobcat Inc's IPO plans estimated a preliminary price 
range of 41,000 to 50,000 won per share, with a total 49 million 
existing shares to be listed, Doosan Bobcat said.  
  ($1 = 1,089.6400 won) 
 
 (Reporting by Joyce Lee; Editing by Sunil Nair) 
 ((jungyoon.lee@thomsonreuters.com; +82 2 3704 5609; Reuters 
Messaging: jungyoon.lee.thomsonreuters.com@reuters.net)) 
 
Keywords: DOOSAN BOBCAT IPO/