S Korea's Doosan Bobcat cuts IPO size by 60% to $872m in revised offering

S Korea's Doosan Bobcat cuts IPO size by 60% to $872m in revised offering

Doosan Bobcat Inc., a unit of South Korea’s biggest construction equipment maker, cut the size of a proposed share offering by 60 percent to as much as 991 billion won ($872 million) and reduced the price to boost demand.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter