South Korea’s Doosan Robotics Seeks IPO in 2023, Report Says
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South Korea’s Doosan Robotics Co. is seeking to list its shares within this year amid a boom in robotics-related stocks, Yonhap Infomax reported Sunday, citing investment banking sources it did not name.
Doosan Robotics, the country’s largest collaborative manufacturer that counts Doosan Co. as its biggest shareholder, will likely get at least 1 trillion won ($766 million) in valuation, the report said. Company officials could not immediately be reached for comment outside of office hours.