Samsung BioLogics gauges demand for IPO

South Korea’s biggest conglomerate sets out with ambitious plans to raise as much as $2 billion from the listing of its contract drug unit on the Korean stock market.
Samsung BioLogics CEO Kim Tae Han
Samsung BioLogics CEO Kim Tae Han

Samsung BioLogics began pre-deal investor education in Seoul on Tuesday for a $1.7 billion to $2 billion initial public offering that will tempt investors with the prospect of a new behemoth and potential industry disrupter from one of the world’s most successful tech companies.

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