South Korean health and beauty chain CJ Olive Young said on Friday it was looking to raise around $1 billion in an initial public offering, as the company seeks to tap a booming market for new listings.
The listing, which two sources aware of the matter say is set to take place early next year, comes as Korean IPOs have raised $21.4 billion so far this year, almost seven times the amount raised a year earlier, according to Refinitiv data.
