Top Korea Listing in Years Flops in Debut as IPO Fever Cools
Source: Live Mint (Bloomberg) — South Korea’s biggest new listing in more than two years got off to a weak start as LG CNS Co. fell on its Seoul trading debut after a 1.2 trillion won ($821 million) initial public offering. Shares of the diversified technology-services unit of LG Group sank 9.9% to 55,800 won,…