S Korea's Hyundai Global Service seeks to raise $1b in 2024 IPO

S Korea's Hyundai Global Service seeks to raise $1b in 2024 IPO

A ship sits under construction in a dry dock at the Hyundai Heavy Industries Co. shipyard in Ulsan, South Korea, on Sunday, April 23, 2017. Photographer: SeongJoon Cho/Bloomberg

South Korea’s Hyundai Global Service, backed by private equity giant KKR, aims to raise up to $1 billion in a Seoul initial public offering (IPO) in the first half of 2024, said two people with direct knowledge of the matter.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter