South Korea’s Hyundai Oilbank picks advisers for IPO seen worth at least $1b

Hyundai Oilbank
Photo: Hyundai Oilbank website

South Korean refiner Hyundai Oilbank Co Ltd has picked six banks to advise a planned initial public offering (IPO) of at least $1 billion in 2018, IFR reported on Friday, citing people familiar with the situation.

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