Doosan Infracore eyes $126m Doosan Bobcat share sale

A shareholder of Doosan Bobcat is in the market to sell up to W138bn ($126m) of stock on Wednesday evening, punctuating a slow week for block trades in Asia.

  • By John Loh
  • 06 Dec 2017

Doosan Infracore is offering 4m secondary shares in South Korea-listed Bobcat through sole bookrunner Morgan Stanley.

The accelerated bookbuild is being marketed at W33,500 to W34,500 a share, or a discount of between 3.6% and 6.4% to Bobcat’s last close of W35,800 on Wednesday. The sale of ...

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