News / Korea's SM Line postpones IPO after low interest from potential investors

SM Busan
Photo: Raymond Smith
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SM Merchant Marine (also known as SM Line) has pushed back its initial public offering (IPO), after demand from institutional investors fell below expectations, the South Korean liner operator said today.

The company had hoped to raise up to $722m through a listing on the Korea ...

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    Initial public offerings SM Line ZIM Integrated Shipping Services