Filing: Kakao Bank, South Korea’s largest internet-only bank, plans to raise $2.2B in its IPO, sets its shares at ~$34 each at a valuation as high as ~$16B (Reuters)

Filing: Kakao Bank, South Korea’s largest internet-only bank, plans to raise $2.2B in its IPO, sets its shares at ~$34 each at a valuation as high as ~$16B (Reuters)

Reuters:
Filing: Kakao Bank, South Korea’s largest internet-only bank, plans to raise $2.2B in its IPO, sets its shares at ~$34 each at a valuation as high as ~$16B  —  SEOUL (Reuters) -South Korean digital bank Kakao Bank Corp will raise $2.2 billion in its initial public offering (IPO), the company said in a filing on Thursday.

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