S Korea's LG Energy Solution opens books to investors to raise up to $10.8b

S Korea's LG Energy Solution opens books to investors to raise up to $10.8b

Korean battery maker LG Energy Solution has opened the books to investors to raise up to $10.8 billion in the country’s largest initial public offering (IPO), according to a term sheet seen by Reuters.

The shares will be sold in a price range of 257,000 won to 300,000 won ($216.19-$252.36) apiece to raise between $9.2 billion and $10.8 billion, the term sheet showed.

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