SK IE Technology plans USD2 billion IPO on Seoul’s stock market in May 2021
Company to use proceeds from IPO for required annual investments of between KRW700 billion (USD630 million) and KRW800 billion
SK IE Technology plans a USD2 billion initial public offering (IPO) on Seoul’s stock market next month, on the heels of ramping up production to meet growing demand for electric vehicle (EV) batteries and other products, reports Nikkei Asia.
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