Deals
Samsung SDS Files for $1.1 Billion IPO Amid Restructure
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Samsung SDS Co., a provider of technology services, filed for a 1.16 trillion won ($1.1 billion) initial public offering as South Korea’s largest business group restructures.
Stock will be sold in the range of 150,000 won to 190,000 won, according to a prospectus filed with South Korean regulators. The unit applied for preliminary approval to list with the Korea Exchange on Aug. 25.