Korean battery material maker SKIET raises $2b in country's hottest ever IPO

Korean battery material maker SKIET raises $2b in country's hottest ever IPO

REUTERS/Kim Kyung-Hoon

Battery material maker SK IE Technology Co Ltd (South Korea’s SKIET) raised $2 billion in its initial public offering (IPO) which attracted the hottest demand ever for a deal in South Korea, the company said in a statement Monday.