S Korea's Doosan Bobcat withdraws $2.2b IPO to revise offering

S Korea's Doosan Bobcat withdraws $2.2b IPO to revise offering

Visual from the Bobcat company website

Doosan Bobcat Inc., a unit of South Korea’s biggest construction equipment maker, withdrew its bid to sell shares in what would have been the country’s biggest initial public offering in more than six years amid concerns that the sale price was too high.

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