4/5/2023 0 Comments Ipos 3.3 full versionSources said that most bidders valued SSG.COM at around 10 trillion won ($8.5 billion), while one participant has set the valuation as high as 15 trillion won ($12.8 billion). Three global firms, namely Credit Suisse, JPMorgan and Citigroup Global Markets Securities, have also joined. Six among the participants were domestic firms, namely Korea Investment & Securities Co., NH Investment & Securities Co., Mirae Asset Securities Co., KB Securities Co., Samsung Securities Co. A total of nine institutions have submitted their bids to SSG.COM’s request for proposal (RFP), according to the investment banking industry on Sept. The race to become the lead underwriter for the IPO of Shinsegae Group’s e-commerce brand SSG.COM is getting fierce. SSG.COM's distribution center for online-ordered products, Shinsegae NEO 003.
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