VIG-owned Samyang targets up to $74m in Korea IPO
Samyang Optics, a Korea-based camera lens manufacturer owned by VIG Partners, is seeking to raise as much as KRW82.4 billion ($73.5 million) through a domestic IPO.
The company will sell four million shares – all held by VIG – at KRW16,700-20,600 apiece, according to a prospectus. The private equity firm’s interest in Samyang will fall from 100% to 50%. If the...
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