Samsung SDS IPO mandate to hit market by end of May

By Rev Hui
15 May 2014

The information technology solutions affiliate of Korea conglomerate Samsung Group, Samsung SDS, expects to mandate banks for its proposed IPO by the end of the month, the company said on May 8.

Samsung SDS is valued at around W15tr ($14.6bn), based on its W197,000 share price in over the counter trading last Friday, according to a Hong Kong based banker who received the RFP from the company on Thursday.

Based on those valuations, the proposed offering could be the largest ...

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