Korea’s Richest Person Seeks To Raise Up To $2.3 Billion With Kakao Digital Bank IPO

Kakao’s digital bank unit is planning to raise as much as $2.3 billion in an initial public offering on the Korea exchange, as the Korean internet giant continues to expand its stable of digital offerings. The five-year old unit, called Kakao Bank, is offering 65.45 million shares at a price range …

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