Homeplus Reit pulls $1.5bn IPO on weak demand

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Homeplus Reit pulls $1.5bn IPO on weak demand

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Stressed businessman after business project failure, covering eyes in despair and hand gesturing stop to camera. | Igor Stevanovic/Bits and Splits - Fotolia

South Korean supermarket chain Homeplus Stores has cancelled the potential W1.73tr ($1.5bn) IPO of its Homeplus Real Estate Investment Trust.

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