South Korean shipbuilder Hyundai Heavy Industries has raised $935 million after pricing its IPO at the top of its indicative range, with much of the proceeds set to fund investments in new technology. It offered 18 million new shares or 20% of shares outstanding in a range of 52,000-60,000 won per share. It is expected …
The post Shipbuilder Hyundai Heavy raises $935 mln after pricing IPO at the top of the range first appeared on Hellenic Shipping News Worldwide. Source