S Korea’s PE-owned hypermarket chain Homeplus files for up to $1.5b REIT offering

People walk out from a Homeplus market in Seoul, South Korea, August 24, 2015. REUTERS/Kim Hong-Ji

Private equity-controlled South Korean hypermarket chain Homeplus Co Ltd has filed for a domestic initial public offering of a real estate investment trust (REIT) which could raise up to $1.5 billion, according to a term sheet seen by Reuters.

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