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South Korea's DN Solutions opens books for $1b-plus IPO

South Korea's DN Solutions opens books for $1b-plus IPO

FILE PHOTO: People pass by a screen showing the Korea Composite Stock Price Index (KOSPI) at the Korea Exchange in Seoul, South Korea, April 11, 2025. REUTERS/Kim Soo-hyeon/ File Photo

South Korean industrial tools maker DN Solutions on Monday opened a book building for an initial public offering of up to 1.6 trillion won ($1.1 billion), according to a filing. The offering could be the country’s biggest listing in more than three years.

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