S.Korea's Kakao Bank prices IPO at top of range to raise $2.2 bln

  • 7/22/2021
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SEOUL, July 22 (Reuters) - South Korean digital bank Kakao Bank Corp said on Thursday it had priced its initial public offering (IPO) at the top of its indicative range to raise 2.6 trillion won ($2.22 billion). Kakao Bank shares were priced at 39,000 won compared with a range of 33,000-39,000 won per share, it said. $1 = 1,149 won Reporting by Joyce Lee and Heekyong Yang; editing by Jason Neely Our Standards: The Thomson Reuters Trust Principles.

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