Tag - Korean cosmetics companies racing for IPO

Korean cosmetics companies racing for IPO

Korean cosmetics companies are seeking to raise funds via initial public offerings (IPOs) for overseas expansion amid rising demand in China and other Asian markets. Nature Republic, TonyMoly and several other cosmetics firms are making last-minute preparations to go public. Some small but promising cosmetics firms are also being encouraged to seek IPOs by securities companies looking to cash in on the trend. Market observers said AmorePacific’s impressive performance last year triggered the race. The nation’s biggest cosmetics firm posted record [...]

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