Doosan shelves $2bn IPO on aggressive pricing
![seoul korea px230](https://assets.euromoneydigital.com/dims4/default/67531b2/2147483647/strip/true/crop/230x150+0+0/resize/840x548!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F39%2F4f%2F758353da96aef27d8a5f84dfb86c%2Fseoul-bukchon-px230.jpg)
An over-ambitious price range and miscommunication among the lead banks towards the end of bookbuilding has forced Doosan Bobcat to pull its W2.4tr ($2.2bn) IPO in South Korea, according to bankers.
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